Tax System
China's current tax framework was put in place after the tax reform in 1994 to meet the needs of the socialist market economy. Since the beginning of 21st century, the Chinese government has made a series of adjustments and improvements to the tax system, which has guaranteed the government's revenue and contributed to the country's rapid economic growth.
International Exchanges and Cooperation
Being an active player in international tax arena, the STA works closely with international partners in exchange of information,cross-border collaboration and multilateral actions. The STA is committed to cooperating with other tax jurisdictions to ensure an open, vibrant and level playing field, contributing to the balanced and sustainable development of the global economy.
