老新闻了,已经准备了2年, 开始要实施了 Starting September 2018, the new anti-tax evasion regulations of China came into force This means, that information related to tax on financial accounts will be exchanged between China and other countries. This Common Reporting Standard (CRS) legislation had been approved by the State Council of the People’s Republic of China already in December 2015. According to the planned timeline, financial institutions in China began collecting relevant information from January 2017.
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Starting September 2018, the new anti-tax evasion regulations of China came into force This means, that information related to tax on financial accounts will be exchanged between China and other countries. This Common Reporting Standard (CRS) legislation had been approved by the State Council of the People’s Republic of China already in December 2015. According to the planned timeline, financial institutions in China began collecting relevant information from January 2017.