China joins global anti-tax avoidance action   

中国参加G20框架下打击国际逃避税行动

17日，国家税务总局正式公布由G 20领导人背书、经济合作与发展组织(O EC D )推进的旨在打击国际逃避税的国际税改项目成果。这份题为《关于数字经济面临的税收挑战的报告》的项目成果指出，跨国公司利用互联网交易方式，在全球范围内规避税收义务，数字经济已经成为逃避税的重灾区。[查看全文]

(ECNS) -- China has joined an international crackdown on tax avoidance led by the Organization for Economic Cooperation and Development (OECD), according to the Economic Information Daily.

China's State Administration of Taxation (SAT) on Wednesday released a research report on the G20-endorsed Base Erosion and Profit Shifting (BEPS) project, which was launched in 2013.

Tax challenges are particularly serious in the digital economy, according to the report, as multinational companies can avoid setting up tangible premises to escape tax obligations.

The report also addressed measures such as transfer pricing, controlled foreign company rules, and value-added taxes for cross-border transactions.

An unnamed officer at the SAT said the administration will improve its international tax management system and regulations on anti-tax avoidance.

The BEPS project is intended to provide governments with clear international solutions for fighting corporate strategies that exploit gaps and loopholes in the system to artificially shift profits to locations where they are subject to more favorable tax treatment.

It is scheduled to be completed by 2015, with 15 issues to be addressed.

A total of 44 countries and regions have participated in the project, including 34 OECD members.