China to ban ads by 2011

摘要

China will ban tobacco advertisements and promotion activities starting from January, 2011, Xu Guihua, vice chairmen of the Chinese Association on Tobacco Control said, according to the Beijing News.rnIn addition, the cost of advertisements and promotions will also no longer be able to be deducted from business income taxes of tobacco companies, the Ministry of Finance and the State Administration of Taxation announced recently. Previously, advertising expenditure could be deducted from business income taxes, giving companies an incentive to spend more on advertising.