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China completes first MAP in automotive Industry

September 08, 2010

The Chinese tax authorities have formally signed the first automotive-related Mutual Agreement Procedures (MAP) completed in China, which is also the first successful MAP case in Guangdong Province.

According to a news article released by China's Large Enterprise Tax Administration Division on the website of the Guangdong State Taxation Bureau (the GSTB), Liao Jiansheng, the deputy director of the GSTB praised the agreement.

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