{{vm.title}}
25{{vm.includesText}}
{{item}}
{{vm.selectText}}
{{ vm.welcomeLabel.trim() }},
{{ vm.userName }}
{{ vm.text }}
{{vm.newUser1}} {{vm.newUser2}} {{vm.newUser3}} {{vm.newUser4}}
{{ vm.unknownUser }}
{{ vm.title }}
{{ vm.title }}
{{ vm.title }}
- {{ vm.siteSelectorList.flyout.cell1.heading }} {{ site.countryLocale }} {{ vm.siteSelectorList.flyout.cell1.global.countryLocale }}
{{ vm.closeTabLabel }}
- {{ vm.flyout.cell2.title }} {{ vm.flyout.cell2.newTabAllow }} {{ vm.flyout.cell2.title }}
- {{ vm.flyout.cell3.title }} {{ vm.flyout.cell3.newTabAllow }} {{ vm.flyout.cell3.title }}
- {{ vm.flyout.cell1.viewAll.label }} {{ vm.flyout.cell1.viewAll.newTabAllow }} {{ vm.flyout.cell1.viewAll.label }}
Public Consultation for the Draft Measures on the Due Diligence of Non-resident Financial Account Information in Tax...
Public Consultation for the Draft Measures on the Du...
China Tax Alert - Issue 32, November 2016
Public Consultation for the Draft Measures on the Due Diligence of Non-resident Financial Account Information in Tax Matters
On 14 October 2016, the State Administration of Taxation (“SAT”) of the Peoples’ Republic of China (“PRC”) circulated the draft “Measures on the Due Diligence of Non-resident Financial Account Information in Tax Matters” (hereinafter referred to as “the Measures”) and seek comments from the public. With the release of the Measures, the Standard for Automatic Exchange of Financial Information in Tax Matters becomes one of the hottest topics for Chinese communities concerned with the disclosure of their financial information to the SAT. The main purpose of the Measures is to stipulate the principles and procedures for PRC financial institutions to follow in identifying non-resident accounts and the collection of the related financial information. The Measures are expected to take effect from 1 January 2017 once the official rules are released.
© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.
For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.
Connect with us
- Find office locations kpmg.findOfficeLocations
- Email us kpmg.emailUs
- Social media @ KPMG kpmg.socialMedia