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China's foreign tax policy will be more in line with the principles of WTO

 Last Update: 2002-11-07
 Source: Internet
 Author: User

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Introduction: according to the introduction of experts, the direction of China's tax system reform in the future is bound to be the unification of the tax laws of foreign enterprises and domestic enterprises, so the preferential forms for foreign enterprises may change For example, direct preferential policies will be phased out, while indirect preferential policies will be the main policy When making asset and tax planning, foreign-funded enterprises should give up their previous efforts to seek preferential policies from the Chinese government and instead make use of various commonly used international tax saving methods, such as bilateral tax treaties signed between overseas regions and China In addition, the Chinese government is currently cleaning up preferential tax policies around the country, which will also have an impact on foreign investors In a word, China's foreign tax policy will develop in the direction that is more in line with WTO principles in the future gwg
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