China News

Eight States' Tax Transparency Frameworks Reviewed
by Ulrika Lomas, Tax-News.com, Brussels
Wednesday, April 15, 2020
The OECD Global Forum has released eight peer review reports, for Brunei, Macau, Switzerland, Barbados, the Seychelles, Liberia, Peru, and Tunisia, on the jurisdictions' efforts to adopt and comply with international tax standards on transparency and the exchange of tax-related information on request. Read Full Story

OECD Releases Eight New Action 14 Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 6, 2019
The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Read Full Story

New Zealand Tops World Bank's 'Doing Business' 2020
by Mary Swire, Tax-News.com, Hong Kong
Friday, November 8, 2019
New Zealand is the easiest place in the world to do business, according to the World Bank's new Doing Business 2020 report, which looks at the simplicity of setting up, operating, and paying taxes in 190 territories around the world. Read Full Story

OECD Seeks Feedback On Dispute Resolution In Ten Jurisdictions
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, July 25, 2019
The OECD has requested stakeholders' input on the dispute resolution processes in place in Andorra, Anguilla, Bahamas, Bermuda, the British Virgin Islands, the Cayman Islands, the Faroe Islands, Macau (China), Morocco, and Tunisia. Read Full Story

At UN General Assembly, OECD Urges Global Carbon Tax Action
Friday, September 28, 2018
Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

First Tax-Deferred Pension Scheme Launched In China
by Mary Swire, Tax-News.com, Hong Kong
Thursday, June 14, 2018
China's Government announced recently that a local insurance company had issued the country's first tax-deferred pension insurance policy, saying it marked the beginning of tax-deferred pension plans in China. Read Full Story

Global Carbon Tax Take Up 50 Percent In 2017
by Ulrika Lomas, Tax-News.com, Brussels
Monday, May 28, 2018
Governments raised about USD33bn in carbon pricing revenue last year, a 50 percent increase from 2016, according to a new update by the World Bank. Read Full Story

China Pledges Tax Support For 'Belt And Road Territories'
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, May 22, 2018
The tax agencies of China and Kazakhstan, with involvement also from the OECD, hosted a three-day tax conference to discuss the provision of capacity building support from China for those countries that will be involved in China's Belt and Road Initiative. It was attended by more than 250 delegates from 49 tax administrations, four international organizations, and five academic institutions. Read Full Story

Macau To Sign OECD Multilateral Information Exchange Treaty
by Mary Swire, Tax-News.com, Hong Kong
Friday, May 11, 2018
Macau's Chief Executive has issued an order authorizing signature of the OECD Multilateral Competent Authority Agreement on Automatic Exchange of Financial Account Information. Read Full Story

OECD Releases More Transfer Pricing Country Guides
by Ulrika Lomas, Tax-News.com, Brussels
Thursday, April 12, 2018
The OECD has published new transfer pricing country profiles for Australia, China, Estonia, France, Georgia, Hungary, India, Israel, Liechtenstein, Norway, Poland, Portugal, Sweden, and Uruguay, bringing the number of such overviews published by the OECD to 44. Read Full Story
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