BVI and China sign Tax Information Exchange Agreement

Posted by Li Wei on December 13, 2009 under China Tax, Corporate Tax Planning | Be the First to Comment

On 7 December 2009, the State Administration of Taxation and the British Virgin Lands signed an Agreement on Tax information Exchange between the People’s Republic of China and British Virgin Lands  (TIEA).

This is the second TIEA that China has signed with an offshore financial center possibly ushering in a new era of tax cooperation between China and offshore financial centers.