China News

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

China Cuts VAT To Fuel Economic Growth
by Mary Swire, Tax-News.com, Hong Kong
Monday, April 2, 2018
China's State Council has announced a cut in value added tax rates as part of a CNY400bn (USD63bn) tax reduction package to stimulate growth. Read Full Story

China's New FM Confirms Tax Cut Plans
by Mary Swire, Tax-News.com, Hong Kong
Monday, March 26, 2018
China's new Finance Minister, Liu Kun, has announced plans to reform the nation's taxation system, including value-added tax rate reductions. Read Full Story

First Deadline For Chinese Environmental Tax Approaching
by Mary Swire, Tax-News.com, Hong Kong
Monday, March 26, 2018
The first returns under China's new environmental tax are due online by April 1, 2018. Read Full Story
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