China's new anti-tax avoidance policy has paid more than 3 billion yuan

Liao Tiedong, director of the International Taxation Department of the State Administration of Taxation, introduced on the 19th that since China issued the “Announcement on Enterprise Income Taxes Related to Payment of Expenses Arising from Enterprises to Overseas Parties”, the amount of tax compensation has reached more than 3 billion yuan. ·
“The significance of this new anti-tax avoidance policy lies in the fact that China has creatively proposed a new approach to taxation within the corporate group’s internal payments in the world, reflecting China's maintenance of tax base security and anti-tax avoidance for developing countries. Institutional Contributions and Rules Leading.” Liao Tien-chung said at the press conference on the "Ten World Taxes 2015 Event" sponsored by China International Tax Research Association.
In 2015, the international taxation event continued, and anti-tax avoidance actions of a global collaborative nature continued to escalate. The G20 summit approved all 15 outcomes of the BEPS action plan, which marked the A major breakthrough has been made in the reshaping of the largest international tax rule in the past century.
In March 2015, on the basis of drawing on the achievements of BEPS, the State Administration of Taxation issued the “Announcement on Corporate Income Tax Issues Related to the Payment of Expenses Arising from Enterprises to Overseas Parties”, proposing the principle of benefit from the payment of related labor services costs, and developing an overseas relationship for the tax authorities. The anti-tax avoidance investigation of the party's payment costs provided the basis.
Liao Tienzhong introduced that as of the end of 2015, the tax authorities had filed 139 special investigations on the payment of fees to overseas related parties, 80 cases were closed, and the amount of tax recovery amounted to more than 3 billion yuan. In addition, by preventing the unreasonable expenses of multinational corporations from being expensed, China's tax base security and national economic interests are effectively protected.
In recent years, under the background of the continuous escalation of international anti-avoidance taxation, China is actively drawing on BEPS achievements to upgrade anti-tax avoidance actions. In 2014, the tax system increased revenue by 52.3 billion yuan through anti-tax avoidance, an increase of 11.5%. Anti-tax avoidance in 2015 is expected to increase revenue by 60 billion yuan.

Dustbins

Trash Can,Outdoor Trash Can,Plastic Dustbin,Plastic Trash Can

Haotian Cleaning Equipment Technology Co.,Ltd. , https://www.flooringscrubberdryer.com

Posted on