# China Tax Reform
Latest news and articles about China Tax Reform
Total: 2 articles found
Business
China’s Digital Dragnet: Plugging the Billion-Dollar Leak at the Pump
China is mandating real-time digital invoicing at all gas stations starting November 1 to curb widespread tax evasion. This technological upgrade is a critical precursor to shifting consumption tax collection to the retail level, potentially bolstering local government revenues.
SoBiz2026年6月12日 13:08
#China Tax Reform#Consumption Tax#State Taxation Administration
Business
Beijing Closes the Net: The End of the Offshore Trust as a Chinese Tax Haven
Chinese tax authorities have launched a sweeping enforcement campaign against offshore trusts, targeting high-net-worth individuals and corporate executives for undeclared global income. Leveraging mature CRS data exchanges, the government is effectively ending the era of offshore tax evasion and forcing the wealth management industry toward strict compliance.
SoBiz2026年4月13日 03:58
#Offshore Trusts#China Tax Reform#Common Reporting Standard