China Clarifies Tax Reporting Rules for Digital Platforms, Effective October 1, 2023

China clarified tax reporting for digital platforms starting Oct. 1.
Registration is required for operators with over 100,000 yuan in annual transactions.
Platforms must ensure users register and display business licenses.
All income must be declared truthfully, avoiding illegal practices.
The rules apply to both resident and nonresident platforms, with some exemptions.

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.