Learn from each other, learn from each other, and build a win-win situation -- A summary of the construction of the "the Belt and Road" tax collection and management cooperation mechanism in the past five years
2024-09-25
On the 24th, the 3-day 5th "the Belt and Road" Tax Collection and Management Cooperation Forum was opened at the Hong Kong Asia International Expo. More than 500 people attended, including tax department heads from nearly 50 countries and regions, representatives from 13 international organizations, and over 40 multinational corporations from China and abroad. Five years ago, the "the Belt and Road" tax collection and management cooperation mechanism (hereinafter referred to as the cooperation mechanism) was initiated by China. Over the past five years, under the guidance of the "the Belt and Road" initiative, all parties to the cooperation mechanism have worked together to deepen cooperation, build a bridge to promote smooth trade and improve tax governance capabilities, and achieved a series of fruitful results, becoming a major influential multilateral tax cooperation mechanism under the "the Belt and Road" initiative. Open and inclusive, build a multilateral cooperation platform In April 2019, the first "the Belt and Road" Tax Collection and Management Cooperation Forum was held in Wuzhen, Zhejiang Province. As members, tax authorities of 34 countries (regions) and 22 countries (regions) and international organizations as observers jointly signed the Memorandum of Understanding on the Cooperation Mechanism for Tax Collection and Management of the "the Belt and Road", marking the formal establishment of the cooperation mechanism. The cooperation mechanism consists of the Council, the Secretariat, the Forum and the "the Belt and Road" Tax Collection and Management Capacity Promotion Alliance. It aims to promote the trade and investment liberalization and facilitation of the "the Belt and Road" countries by strengthening tax collection and management cooperation, and promote the inclusive and sustainable development proposed in the UN 2030 Sustainable Development Goals. As an important brand activity of the cooperation mechanism, the "the Belt and Road" Tax Collection and Management Cooperation Forum has been successfully held four times in China, Kazakhstan (online), Algeria and Georgia for more than five years. At the first four cooperation forums, various parties extensively discussed topics such as building tax collection and management capabilities and optimizing the tax business environment, and released a total of 20 important achievements, promoting the improvement of a transparent, efficient, stable, and predictable tax cooperation mechanism. Over the past five years, the cooperation mechanism has extended from the Eurasian continent to Africa, Oceania, and Latin America, with 36 council members and 30 observers, continuously growing and expanding. At the opening ceremony of the fifth "the Belt and Road" Tax Collection and Management Cooperation Forum, Wang Daoshu, Secretary General of the Cooperation Mechanism Secretariat, announced that the Maldives Tax Bureau would join the cooperation mechanism as a member of the Council. At this point, the members of the Cooperation Mechanism Council have expanded to 37. Pata Kiraze, Deputy Director of the Georgian Taxation Bureau, stated at this cooperation forum that since its establishment, the reputation of the cooperation mechanism has greatly improved and its influence in the global tax management industry has become increasingly profound. Over the past five years of joint construction and sharing, and the creation of multilateral cooperation products, under the framework of cooperation mechanisms, all parties have jointly created a number of internationally recognized public goods in the field of taxation, effectively improving the tax governance capabilities and levels of all parties. Since 2019, the "the Belt and Road" Tax Collection and Management Capacity Promotion Alliance has set up five "the Belt and Road" tax colleges in Yangzhou, China, Beijing, Kazakhstan, Astana, Macao, China and Riyadh, Saudi Arabia. This cooperation forum announced that the "the Belt and Road" tax college Algiers was officially established, becoming the sixth "the Belt and Road" tax college. In order to meet the needs of tax collection and management capacity building of the "the Belt and Road" countries, the "the Belt and Road" Tax Collection and Management Capacity Promotion Alliance has designed and constructed a curriculum system that meets the needs of cooperation mechanism development and has alliance characteristics, including tax system, tax collection and management and digitalization, tax collection and business environment and tax services, tax cooperation and other topics. Baraz K ö ltes, Deputy Director of the Planning and Analysis Department of the Hungarian State Administration of Taxation and Customs, stated that the training courses have supplemented and improved the training system of the Hungarian State Administration of Taxation and Customs, expanding employees' knowledge in tax dispute resolution, digitization, value-added tax reform, tax services, risk management, and large enterprise management. By August 2024, five "the Belt and Road" tax colleges have organized more than 140 online and offline trainings, and trained about 6000 finance and tax officials from more than 120 countries (regions). In addition, the official website of the cooperation mechanism and the the Belt and Road Taxation (English) journal have become the experience sharing, policy research, publicity and promotion positions that the cooperation mechanism strives to build. For over five years, the Chinese tax authorities have coordinated cooperation mechanisms with relevant parties and launched a series of cooperation measures to facilitate cross-border investment and trade, benefiting enterprises through mutual benefit and win-win cooperation. In 2019, the first "the Belt and Road" Tax Collection and Management Cooperation Forum released the "Wuzhen Declaration", which made Yiwu China Commodity City Overseas Investment Development Co., Ltd. strengthen its confidence in foreign investment and decide to build its first overseas branch market. However, in the early stages of construction, enterprises often have difficulty grasping policy application, deduction scope, and other aspects. After understanding the situation, the Yiwu tax department helped the enterprise solve problems such as tax treaty benefits, commercial policies and regulations. Nowadays, Dubai Yiwu China Small Commodity City has radiated to the consumer market of nearly 1 billion people in the Middle East, North Africa, and some East African regions, allowing more "Made in China" to go global. In October 2023, the State Administration of Taxation of China released the "Tax Road" cross-border service brand, and based on this brand, sorted out 51 tax support policies and management service measures for stabilizing foreign trade and foreign investment, updated and released the "Guidelines for Stabilizing Foreign Trade and Foreign Investment Tax Policies", and accurately pushed to achieve "policy finding people" and "product finding people". By 2023, targeted push of country (region) investment tax guides and tax dividend bills will be provided to over 130000 cross-border taxpayers. At the same time, the State Administration of Taxation of China has released 105 national (regional) tax guidelines, 26 overseas cases, 50 cross-border Q&A sessions, and 159 global tax news through its official website. Daniel Witt, Chairman of the International Tax and Investment Center, stated that the cooperation mechanism is committed to enhancing the capabilities of various tax departments and creating a growth and investment friendly tax business environment. The influence of cooperation mechanisms will further expand in promoting global trade and investment growth. After five years of construction, the "the Belt and Road" tax collection and management cooperation mechanism has gathered the efforts of all parties and yielded a series of fruitful results. It originated in China and brings opportunities and achievements that belong to the world. (New Society)
Edit：Lubaikang Responsible editor：Chenze
Source：XinhuaNet
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