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China launches first collaborative TP administration pilot program between Customs, Tax Authorities in Shenzhen

Responding to the uncertainties to global economic integration brought by the Covid-19 pandemic and the Chinese government’s recent focus on accelerating the development of ‘domestic-international dual circulation,” various Chinese government agencies have been focused on improving services provided to taxpayers. The  objectives of the various departments are to optimize the business environment, clear bureaucratic roadblocks, reduce compliance cost, and enhance management  efficiency.

Source PwC

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