China joins international tax co-operation network

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On 27 August 2013, China signed the multilateral Convention on Mutual Administrative Assistance in Tax Matters, which expands China’s tax information exchange network to include information on turnover, consumption and property taxes. This information exchange is greater than what is provided by China’s normal bilateral tax treaty and information exchange agreements.

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Business Law Digest is compiled with the assistance of Baker & McKenzie. Readers should not act on this information without seeking professional legal advice. You can contact Baker & McKenzie by e-mail at: Zhang Danian (Shanghai) danian.zhang@bakermckenzie.com

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