China Tax/Business News Flash

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May 2016, Issue 15

Heads of tax administrations gathered in China to deepen international tax cooperation


The 10th Meeting of the Forum on Tax Administration (FTA) (the Meeting) was successfully held in Beijing from 11 May to 13 May of 2016. The FTA is a unique forum on tax administration created by the Organisation for Economic Co-operation and Development (OECD) in 2002, with the aim to improve taxpayer services and tax compliance. After years of operation, it has become an influential platform for tax authorities around the world to share their insights and collaborate with one another. Currently the FTA is comprised of 46 member states, including all members of the G20 and OECD as well as some non-OECD members. It is the first time that China has hosted the highest global level meeting on tax administration, which is also one of the supporting events for the 2016 G20 Leaders Summit in Hangzhou.

The major themes discussed at the Meeting include: (1) implementation of the G20/OECD international tax agenda; (2) modernisation of tax administration to respond to the digital world; and (3) tax administration capacity building. In this News Flash, we will introduce the highlights of these themes and share our observations.

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