A Step Forward for Tax Dispute Resolution Between China and ASEAN Countries Under the Belt and Road Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Step Forward for Tax Dispute Resolution Between China and ASEAN Countries Under the Belt and Road Initiative write by Xu Diheng. This book was released on 2019. A Step Forward for Tax Dispute Resolution Between China and ASEAN Countries Under the Belt and Road Initiative available in PDF, EPUB and Kindle. China has a closer business relationship with Southeast Asian countries under the Belt and Road Initiative (BRI). To ensure tax certainty for the investment, it is necessary to establish an effective and efficient tax dispute resolution mechanism. The mutual agreement procedure (MAP) is the primary means, but it has its limitations, especially for countries in this region. Arbitration could be a powerful complementary to the MAP. China has established a new BRI Court-connected and Mediation Centre (Centre) that aims to resolve commercial disputes in this region. It seems like a new alternative for resolving tax disputes since it combines mediation with arbitration. This article analyzes the pros and cons of adopting arbitration as a complementary means to the MAP in this region. It further discusses the advantages and concerns for the Centre. Although the Centre encourages using mediation to resolve disputes, which could address problems of direct arbitration, it is difficult to maintain impartiality from its current rough rules and its position. This article makes suggestions on improving the mechanism to guarantee the impartiality by selecting mediators and arbitrators with knowledge of the region, endowing disputants the right to appeal, and increasing transparency.
Improved Tax Dispute Resolution Between China and the Asean Countries Under the Belt and Road Initiative
Improved Tax Dispute Resolution Between China and the Asean Countries Under the Belt and Road Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Improved Tax Dispute Resolution Between China and the Asean Countries Under the Belt and Road Initiative write by Diheng Xu. This book was released on 2018. Improved Tax Dispute Resolution Between China and the Asean Countries Under the Belt and Road Initiative available in PDF, EPUB and Kindle. China has established the Belt and Road Initiative International Commercial Court-Connected and Mediation Centre, which is intended to resolve commercial disputes between China and the ASEAN countries. In this article, the author analyses the advantages and disadvantages of this action, and suggests ways of improving the mechanism.
Removing Tax Barriers to China's Belt and Road Initiative
Removing Tax Barriers to China's Belt and Road Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Removing Tax Barriers to China's Belt and Road Initiative write by Michael Lang. This book was released on 2018-11-27. Removing Tax Barriers to China's Belt and Road Initiative available in PDF, EPUB and Kindle. Since its announcement in 2013, the Belt and Road Initiative (BRI), also known as the New Silk Road, has gradually gained international recognition. The project requires not only extensive investment in infrastructure and transportation but also an acceleration of the internationalization of multinationals and supply chains in Belt and Road countries. The project will, hopefully, lead governments and businesses in countries along the Belt and Road to compete, adopt best practices and improve transparency. The BRI marks a national push by China to increase economic links to Southeast Asia, Central Asia, Russia, the Baltic region (Central and Eastern Europe), Africa and Latin America, which will have major consequences for the way that tax systems interact. Emerging from the research conducted by the WU Global Tax Policy Center in cooperation with several Chinese universities, this book offers fourteen policy-relevant research papers prepared by international experts on the following issues: • The New Silk Road: Will Tax Be a Facilitator or a Barrier? • Neo-BEPS: China’s Prescription for International Tax Reform Embodying the Rationality of the Belt & Road Initiative; • International Taxation Coordination under China’s Belt and Road Strategy; • Tax Issues in the Main Belt and Road Countries and Industries of China’s Outward Foreign Direct Investment; • Preferential Arrangements under Chinese Tax Treaties with Belt and Road Countries and Disputes Regarding Their Applicability; • Tax Planning by Going-Global Enterprises for Cross-Border Earnings: Observations Based on Belt and Road Countries; • International Taxation Issues under the Belt and Road Initiative: Corporate Income Tax Laws and Tax Treaties; • Financial and Tax Operations in the Five Central Asian Countries; • The Role of Border-Crossing Procedures in the Transportation of Goods along the New Silk Road; • Transfer Pricing Issues Related to the Belt and Road Initiative; • Tax Treaties between Belt and Road Countries; • VAT Challenges in the Belt and Road Initiative; • Global Tax Policy Post-BEPS and the Perils of the Silk Road; and • Creating a Positive Tax Climate for Complex Multijurisdictional Investment Projects. Outcomes presented in the book consist of findings presented during Tax Policy Forum on the Belt and Road Initiative held on 12–13 June 2017 in Beijing, jointly organized with Peking University Tax Law Center and the Central University of Finance and Economics, Beijing. These papers also formed the basis for input by WU Global Tax Policy Center at the first meeting of The Belt and Road Initiative Tax Cooperation Conference (BRITCC) held in Astana on 14–16 May 2018, in which it was agreed to establish a permanent forum to examine the tax issues that arise from the BRI. The WU Global Tax Policy Center will continue to provide inputs to this forum.
Tax Risks for Chinese Investments in ASEAN Under the Belt and Road Initiative
Tax Risks for Chinese Investments in ASEAN Under the Belt and Road Initiative - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Tax Risks for Chinese Investments in ASEAN Under the Belt and Road Initiative write by Diheng Xu. This book was released on 2018. Tax Risks for Chinese Investments in ASEAN Under the Belt and Road Initiative available in PDF, EPUB and Kindle. In this article, the author analyses the tax risks faced by Chinese enterprises that invest in ASEAN countries under China's Belt and Road Initiative. In this context, the article discusses inter alia the impact of the presence of permanent establishments, limitations on foreign tax credits, the need for tax sparing provisions in China's double tax treaties with ASEAN countries, transfer pricing, controlled foreign company rules, exchange of information, treaty abuse and tax dispute resolution for Chinese investors. The author offers recommendations to Chinese investors and China's tax authority on tax risk management, so that they and China may gain maximum benefit from the Initiative.
China's Belt And Road Initiative: Going Global And Transformation In The Global Arena
China's Belt And Road Initiative: Going Global And Transformation In The Global Arena - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China's Belt And Road Initiative: Going Global And Transformation In The Global Arena write by Hui Nee Au Yong. This book was released on 2022-01-06. China's Belt And Road Initiative: Going Global And Transformation In The Global Arena available in PDF, EPUB and Kindle. China's President Xi Jinping launched the Belt and Road Initiative (BRI) in 2013. The BRI is promoted as a way for win-win cooperation that promotes common development and prosperity. Since the introduction of BRI, China organised the inaugural One Belt One Road Summit and the Second Belt and Road Forum to spur the implementation of the Initiative.President Xi emphasised that the Belt and Road projects should uphold the principles of shared benefits and joint contributions to realise the vision of a high-quality, open, green and clean BRI. Host countries can possibly gain from China's greenfield manufacturing investments to expand the BRI markets.Contributed by academics and business professionals from Asia, Europe and Africa, the chapters discuss the contemporary people, business, civil society and government developments related to the BRI and explore Health, Environment and Security (HES) challenges that confront the Initiative. This volume shows how a host country can leverage on China's investment without losing the nation's interest.
