China alert - Issue 31, August 2011
The Jiangsu State Administration of Taxation (Jiangsu SAT) held a three month advanced training on anti-avoidance at Shanghai National Accounting Institute for the 21 top performers from the various anti-avoidance teams within the Jiangsu province. The advanced training was focused on OECD Transfer Pricing Guidelines for Multinational Enterprises and Tax Administration, and combined with the latest global transfer pricing development and practical considerations in China. Speakers were mostly from renowned international accounting firms such as KPMG. Jiangsu SAT held the graduation ceremony for the advanced training in Nanjing on 16 August, 2011. The Director-General of Jiangsu SAT provided some insights into the future path of anti-avoidance in Jiangsu province while exchanging views with KPMG and representatives from other international firms.