China Issues National Anti-Avoidance Audit Regulations
Aug. 31 – China’s State Administration of Taxation (SAT) has issued two new circulars to enforce tax collection and administration measures to maintain tax revenue growth and widen its domestic tax collection base.
Circular No. 85 titled “Several Opinions on Improving Tax Collection and Closing Tax Loopholes, ” and Circular No. 114 called “Detailed Measures on [...]