“Implementation measures of special tax adjustments” released by SAT for public consultation
Implementation measures of special tax adjustments
On 17 September 2015, the SAT released a discussion draft of “Implementation Measures of Special Tax Adjustments” (“Discussion Draft”) for public consultation. The Discussion Draft makes direct reference to various draft recommendations proposed in the OECD’s BEPS Action Plans, and integrates elements of the OECD proposals for TP rules and anti-tax avoidance rules in the context of China.
It is expected to take effect from the 2016 tax year.
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