Features Of Double Taxation Agreement

In recent years,[when?] the evolution of foreign investment by Chinese companies has grown rapidly and has become quite influential. Thus, the management of cross-border tax issues is becoming one of China`s main financial and trade projects, and cross-border tax issues continue to increase. To solve the problems, multilateral tax treaties are defined between countries, which can legally help companies on both sides to avoid double taxation and tax issues. In order to implement China`s “Going Global” strategy and help domestic enterprises adapt to globalization, China is committed to promoting and signing multilateral tax agreements with other countries in order to achieve common interests. By the end of November 2016, China had officially signed 102 double taxation treaties. .

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