China advances toward tax certainty with trial implementation of advance tax rulings
Executive summary
Although the China State Taxation Administration (STA) has yet to issue comprehensive legislation on advance tax rulings at the national level, Anhui, Shenzhen, Nansha of Guangzhou, Nanjing and other regions are already exploring the implementation of advance tax rulings.
In December 2023, the Shanghai Taxation Bureau issued trial administrative measures for tax advance rulings, wh…
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