- China introduces tax reporting obligations for internet platform enterprises effective from 20 June 2025
- Applies to both domestic and foreign digital platforms offering profit-generating services in China
- Regulations aim to standardize tax-related information reporting, improve tax services, and protect taxpayer rights
- Based on China’s Tax Collection Administration Law and E-Commerce Law
- Platforms must report identity and income information of operators and workers to tax authorities
- Platforms must report business details within 30 days of regulation implementation or business start
- Quarterly reporting of identity and income information is required, except for certain tax-exempt workers
- Reporting must be done via designated online channels using specified data formats and standards
- Tax authorities will provide secure channels and support for reporting
Source: regfollower.com
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.
