close
Share with your friends

China: APA report, data covering period 2005 to 2017

China: APA report, data covering period 2005 to 2017

China’s State Administration of Taxation (SAT) released an annual report with data about advance pricing arrangements (APAs).

1000

Related content

The APA annual report (2017) describes the latest actions on implementation of the APA program in China, and contains data covering the period from 2005 to 2017.  

The APA report shows that the progress made within the APA program is consistent with the SAT’s commitment to preventing double taxation and to provide certainty to taxpayers. While the number of APAs signed in 2017 was somewhat lower than the APA number in 2016, there was a significant increase in SAT resources for APA and mutual agreement procedure (MAP) work in 2017 and 2018. This could mean more Chinese and foreign multinational taxpayer APA or MAP arrangements going forward.

 

Read a January 2019 report prepared by the KPMG member firm in China

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal