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China focuses on cross-border transactions in war on tax evasion

January 12, 2015

Sophie Harding



The Chinese State Administration of Taxation (SAT) has announced that general anti-avoidance rule (GAAR) measures will take effect from February 1 2015. The move signals a crackdown on profit shifting, which could see cross-border transactions increasingly scrutinised.

Although GAAR was first introduced to China in 2008, the SAT said, over the past six years, it has “gathered practical experience in administering GAAR in examination” and has “found an increasingly pressing need to introduce a set of coordinated administrative measures”.

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