Can the input tax not fully deducted by the merged subsidiary be deducted by the head office?
If the subsidiary company is absorbed and merged by the head office, according to the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Relevant Issues Concerning Taxpayer's Asset Restructuring VAT Allowance (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.55, 20 12), the input tax that has not been deducted can be deducted by the head office.