Multinational companies are the target of focus as China beefs up regulations and reporting requirements to crack down on avoidance and close transfer pricing loopholes. 中国加强法规和申报规定来打击避税,填补转让定价漏洞,跨国公司成为重点目标。
China's value-added tax rollout is now complete. This analysis maps the evolution of the PRC tax system over the past three decades and details what the 2016 Circulars has in store for the new regime