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SCIO briefing on promoting high-quality development: State Taxation Administration

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Phoenix TV:

We noted that last year, to mark the 10th anniversary of the Belt and Road Initiative (BRI), the STA introduced the cross-border service brand TaxExpress. Could you share the current implementation results? Additionally, what progress has been made on building the Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACOM )? Thank you.

Rao Lixin:

Thank you for your questions. I'll address them. Since the launch of the TaxExpress cross-border service brand last year, tax departments have actively supported the entire process and lifecycle of cross-border investment. We've focused on developing a cross-border tax and fee service system, providing robust support for companies engaging in cross-border investment.

We have created a cross-border investment tax service ecosystem. The SAT has fully leveraged interdepartmental collaboration, enhancing data sharing and coordination with the National Development and Reform Commission, the Ministry of Commerce, and China Customs. Concurrently, we've guided local tax authorities to strengthen departmental synergy, integrating tax service resources to support companies' cross-border investments.

We have enriched our cross-border investment tax service system. To date, we've updated and released 105 country- and region-specific investment and taxation guides, including guidelines for 99 overseas taxation items, 26 overseas tax cases, and 50 FAQs for cross-border taxpayers. This year, we also introduced new resources such as the Export Tax Refund (Exemption) Operation Guidelines for Overseas Warehouses of Cross-Border E-Commerce Businesses, the "Going Global" Individual Tax Guidelines, and global tax information updates. These provide references for cross-border investors to stay informed about overseas tax policy dynamics and mitigate cross-border investment tax risks.

We have expanded rapid communication channels for cross-border investment tax issues. We've established regular communication mechanisms with foreign chambers and associations, addressing 155 cross-border tax challenges this year. We've invited foreign tax authorities, overseas Chinese enterprise associations, and Chinese embassies to explain cross-border investment policies to companies both online and offline. So far, we've held five country-specific events in this regard, including Austria, the Republic of Korea and Mexico. We've continuously provided cross-border tax advisory services through the national 12366 hotline. This year, we've provided 110,000 bilingual (Chinese and English) tax consultations for both outbound Chinese enterprises and inbound foreign companies.

This year marks the sixth year of the establishment of the BRITACOM. Since its inception in 2019, BRITACOM forums have been successfully hosted four times in China, Kazakhstan, Algeria, and Georgia, yielding 20 key outcomes and fostering an international tax environment conducive to growth. Five Belt and Road Schools of Taxation have been established in Yangzhou, Beijing, Macao, Astana and Riyadh. Recently, another School of Taxation was added in Macao (Hengqin Campus), creating a multilingual, multinational tax training network covering English, Portuguese, Russian and Arabic-speaking regions. Focusing on themes such as "tax administration and digitization," many workshops and seminars for tax personnel from BRI partner countries have been held, attracting over 1,500 participants. The official website of BRITACOM has attracted visitors from 175 countries and regions, facilitating exchanges and mutual learning among all parties.

As I mentioned at the outset, the fifth Belt and Road Initiative Tax Administration Cooperation Forum will be held in Hong Kong from Sept. 24 to 26. About 400 representatives from over 60 countries, regions and international organizations will gather to discuss the theme of "Deepening Tax Administration Cooperation for High-Quality Belt and Road Development." They will explore ways to deepen tax cooperation within the BRI. Once again, I invite all media representatives to actively follow and report on this event. Thank you.