Mainland China

On 14 October 2026, the STA officially launched the “Belt and Road Tax Service Product System (Version 2.0),” a comprehensive upgrade of the 2021 inaugural edition. The system comprises 12 service products across four categories: policy guidance, filing assistance, dispute resolution, and credit facilitation. Key enhancements include a multilingual intelligent Q&A robot covering 18 languages,

According to tax statistics released on 14 October 2026, the Hengqin Guangdong-Macao In-depth Cooperation Zone has achieved substantial economic growth since its establishment in September 2021. Key indicators include: a 3.8-fold increase in the number of registered market entities (reaching 18,500), cumulative tax revenue exceeding RMB 42 billion, and over 1,200 high-tech enterprises benefiting from

On 14 October 2026, the State Taxation Administration (STA) unveiled the “Belt and Road Tax Administration Product System (Version 2.0)” alongside the taxpayer service counterpart. This administration-focused system equips tax authorities of partner countries with digital tools for risk management, audit selection, collection enforcement, and official collaboration. Core modules include a cross-border risk early-warning model

The 7th Belt and Road Tax Administration Cooperation Forum opened in Jakarta on 13 October 2026, marking the first in-person gathering since 2019. Over 200 delegates from 38 Belt and Road partner countries and international organizations attended. The opening ceremony featured keynote addresses by STA Commissioner Wang Jun and Indonesian Minister of Finance Sri Mulyani

On 13 October 2026, the STA, jointly with the Ministry of Finance and the National Health Commission, issued a policy package detailing tax and fee preferential measures to support the “Healthy China 2030” strategy. The package includes: (1) enhanced super-deduction for R&D expenses in pharmaceutical and medical device manufacturing (increased from 100% to 120%); (2)

On 12 October 2026, an investigative feature exposed the mechanics of the Zhejiang Zhongshui Biaotixin scheme, where the firm created a library of template lease contracts with inflated rents, backdated signatures, and matching bank transfer records (later reversed). The firm coached client finance staff on “audit interview scripts” to maintain consistency. The SAT’s big data

On 12 October 2026, the Yantai Municipal Tax Bureau announced penalties against Laizhou Batong Financial Management Co., Ltd. for its own tax evasion (RMB 6.2 million) and for designing revenue-splitting structures for 15 manufacturing clients (RMB 34.8 million in underpaid corporate income tax). The firm advised clients to fragment single business operations into multiple small-scale

On 12 October 2026, a companion investigative report detailed how the Laizhou Batong scheme was uncovered through analysis of large-value inter-company transfers (exceeding RMB 500,000) that circularly moved funds among the fragmented entities to simulate independent operations. The SAT’s new “fund flow topology” algorithm mapped the network structure, revealing a star topology centered on the

On 12 October 2026, the State Taxation Administration (STA) published a coordinated disclosure of five major enforcement actions targeting tax intermediaries that illegally assisted clients in tax evasion schemes. The cases span multiple provinces including Anhui, Guizhou, Guangxi, Zhejiang, and Shandong, involving accounting firms, consulting companies, and individual tax practitioners. The STA emphasized that tax

On 12 October 2026, the State Taxation Administration released a commentary accompanying the five-case exposure, reinforcing that tax intermediaries must not deviate into “accomplices of tax evasion.” The article references Article 35 of the Tax Collection and Administration Law and the newly amended Administrative Punishment Law, which increase penalties for professional enablers. The SAT urged