China Enforces New Tax Reporting Rules for Domestic and Foreign Digital Platforms

China mandates new tax reporting for digital platforms, effective June 20, 2025
Domestic and foreign digital platforms must submit quarterly tax reports
Reports include identity and income of operators and service providers
Digital platforms defined under E-Commerce Law and other legal entities
Existing platforms have 30 days from effective date to submit required information
New platforms have 30 days from start of operations to comply
Operators must verify data accuracy but are not liable for employee discrepancies if due diligence is followed
Non-compliance fines range from RMB 20,000 to RMB 500,000
Business operations may be suspended for non-compliance
Goal is to ensure fair competition and improve tax administration efficiency
New requirements will not increase tax burdens for businesses and service providers

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.