Several dairy firms, including Yili, Mengniu and New Dairy, paid additional taxes in 1H, executives at multiple dairy companies confirmed. Chinese tax enforcement standards have been updated, narrowing the corporate income tax preferential scope for agricultural primary‑processing firms. Some products have been reclassified as deep‑processed, which could increase the taxable base for affected dairy producers.

2026-08-31

Several dairy firms, including Yili, Mengniu and New Dairy, paid additional taxes in 1H, executives at multiple dairy companies confirmed. Chinese tax enforcement standards have been updated, narrowing the corporate income tax preferential scope for agricultural primary‑processing firms. Some products have been reclassified as deep‑processed, which could increase the taxable base for affected dairy producers.