On September 7th 2021, the 2nd Belt and Road Initiative Tax Administration Cooperation Forum (BRITACʘM) themed “Digitalization of Tax Administration” was held virtually to draw the blueprint of the BRI tax administration cooperation. Heads and representatives of tax jurisdictions from 61 countries (regions) including Kazakhstan, Russia, China, UAE, Singapore, and Sierra Leone, as well as heads of 12 international organizations were present at the forum. Mr. Wang Jun, Chair of the first Belt and Road Initiative Tax Administration Cooperation Mechanism (BRITACʘM) Council and Commissioner of the State Taxation Administration (STA) of China, attended the opening ceremony and delivered a keynote speech.
In his speech, Wang Jun stressed that the past 2 years witnessed the BRITACʘM transforming from an idea to solid actions, from a vision to realities with concerted efforts. In particular, the year 2020 saw the COVID-19 pandemic wreaking havoc across the world. Against such as backdrop, the BRITACʘM parties were not overwhelmed. Instead, they supported each other and managed to move forward, make their contributions to the global fight against the pandemic, and inject strong impetus into global economic recovery from the perspective of taxation. Firstly, the BRITACʘM has achieved substantial progress of the BRITACʘM with each passing day. With common efforts, the Secretariat of the BRITACʘM was established, the Belt and Road Initiative Tax Administration Capacity Enhancement Group (BRITACEG) instituted, and several Belt and Road Initiative Tax Academies (BRITAs) inaugurated, the official website of the BRITACʘM launched, and the Belt and Road Initiative Tax Journal (BRITJ) published. Secondly, the BRITACʘM has yielded rich fruits. Since the 1st BRITACʘF, all missions set out in Wuzhen Action Plan (2019-2021) have been fulfilled within the agreed timeframe and in high-quality, over 20 virtual meetings organized, and the BRITACʘM Council expanded to 36 Council Member Tax Administrations and 30 Observers. Thirdly, the BRITACʘM has forged increasingly closer interaction and cooperation among different parties over tax administration. Leveraging the BRITAs in Yangzhou China, Nur-Sultan Kazakhstan, Macao China, and Beijing China, the BRITACEG has organized 26 training programs on tax administration, benefiting over 1,200 tax officials from 71 jurisdictions, and effectively enhancing capacity building of tax administration in BRI jurisdictions.
Focusing on the theme of the forum, Wang Jun shared with delegates the practices and experience of the Chinese tax authorities in implementing important instructions of President Xi Jinping and relevant requirements of Premier Li Keqiang on the advancement of digitalization in recent years.
Firstly, giving full play to the supporting role of technology. Chinese tax authorities have been committed to applying advanced information technology in innovative ways, fully strengthening the construction of digitalization projects, and constantly improving the application system of digitalization. The unified digitalization project of the national tax system—Golden Tax Project Phase 3 was launched and continuously optimized, and the largest e-government production and transaction cloud—Tax Cloud Platform was built, laying a solid digitalization foundation for building an optimized, efficient, and unified tax administration system.
Secondly, making full use of data in empowering tax administration. Efforts have been taken to process larger volume of data in a more rapid and precise way. Tax-related big data has played an important role in preventing and controlling tax risks, optimizing taxpayer services, standardizing tax law enforcement, and supporting macro decision-making, thus giving full rein to the role of taxation in serving national economy and social management.
Thirdly, fully tapping the role of data in leading tax administration. Chinese tax authority has completely reformed the way tax and fees are paid and made tax service smarter, tax supervision more targeted. As of today, 90% of tax matters and 99% of tax filings could be done online or even on smart phones. China has built up a nationwide system of tax knowledge tags with which it could accurately identify taxpayers who meet the conditions of certain tax incentives, and deliver relevant tax policies in a timely manner. Since the beginning of this year, some 456 million taxpayers have benefited from it.
Wang Jun also noted that, in March this year, China issued the Opinions on Further Deepening the Reform of Tax Administration (the Opinions), making an overall plan for the development of tax reform during the 14th Five-Year Plan period and drawing the blueprint for building China's intelligent tax administration. According to the Opinions, Chinese tax authority will, empowered by big data and driven by the e-invoice reform, strive for an upgraded version of digitalized and smart tax administration. By 2025, the Chinese tax authority will build a highly integrated, efficient and applicable administration system. It will also further advance accurate law enforcement, targeted service, precise supervision and sincere co-governance so that it can play an even important role in the nation’s governance system and make greater contribution to the modernization of the governance capacity.
Aiming for enhanced capacity building in digitalization of the BRITACʘM members and deepened cooperation in this regard, Wang Jun initiated three proposals:
Firstly, strengthening communication on the digitalization of tax administration. Through holding forums on digitalization of tax administration and other means, communication and interaction among members will be more extensive, which will help them better understand the status quo of digitalization, and share experiences and information to support the continuous growth of capacity building.
Secondly, enhancing assistance to the training programs on tax digitalization by making full use of the OECD-STA Multilateral Tax Centre in Yangzhou, the BRITACEG, and BRITAs. More assistance will be channeled to BRI countries to support their tax digitalization.
Thirdly, accelerating the development of the BRITACʘM. Innovative cooperation in more fields should be strengthened among member jurisdictions and observers, and with international organizations and professional institutions. The official website and the BRITJ will be fully leveraged, a series of public knowledge products with the characteristics of BRI will be introduced, a systematic, professional, and high-standard curriculum will be gradually established, and an international, diversified, professional and inter-disciplinary trainer pool will be formed.
The BRITACʘM Council Meeting was held prior to the Plenary Meeting and was chaired by Mr. Wang Daoshu, Executive Secretary of the BRITACʘM and Deputy Commissioner of China’s STA. At the Council Meeting, Wang Daoshu announced the appointment of Mr. Ali Altynbayev, Chairman of State Revenue Committee of the Ministry of Finance of Kazakhstan, as the President of the 2nd BRITACʘM and the Chair of the BRITACʘM Council. Then, Wang Daoshu introduced the election results of Vice-Chairs of the BRITACʘM Council, new BRITACʘM members and observers, as well as the updated member list of the Advisory Board. Finally, the BRITACʘM Council endorsed the Final Reports of the five Task Forces of Wuzhen Action Plan (2019-2021).
At the Opening Ceremony of the Plenary Meeting, Mr. Pascal Saint-Amans, Director of OECD Centre for Tax Policy and Administration, introduced tax-related challenges and countermeasures brought by the digital economy. Then, each BRITACʘM task force released their final reports, among which Mr. Bruno da Silva, Legal Advisor, Financial Services Bureau of Macao, China, released the Final Report on Following Rule of Law and Raising Tax Certainty. Mr. Yanu Asmadi, Deputy-Director, International Taxation for Disputes Prevention and Settlement, Directorate-General of Taxes, Ministry of Finance of the Republic of Indonesia, released the Final Report on Expediting Tax Dispute Resolution. Mr. Felipe Quintela, Director, Strategic Planning and Studies of the Uruguayan Tax Administration, released the Final Report on Enhancing Tax Administration Capacity. Dr. Seng Cheaseth, Director of Department of Law, Tax Policy and International Tax Cooperation, General Department of Taxation, Cambodia, released the Final Report on Streamlining Tax Compliance. Ms. Kymbat Akhmetova, Head, Division of digitalization, IT Department of State Revenue Committee of Ministry of Finance of Kazakhstan, released the Final Report on Digitalizing Tax Administration.
The 1st BRITACʘF was held in Wuzhen, Zhejiang in April 2019 where the BRITACʘM was established. It was the very first high-level international tax conference initiated and hosted by the Chinese tax authority. The 2nd BRITACʘF, chaired by the State Revenue Committee of the Ministry of Finance of Kazakhstan, with 4 topics on its three-day agenda, namely Tax Administration Digitalization, Tax Service Digitalization, New Technologies in Taxation, and Tax Related Data Governance, aims to build a growth-friendly tax environment, open a new chapter of digitalized tax administration in the information age, promote concrete developments of the Belt and Road Initiative, and contribute to the global economic recovery through sound development of the BRITACʘM and enhanced capacity of tax administration.
Source:http://www.chinatax.gov.cn
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