Jiangsu tax authority holds meeting with taxpayers
May 28, 2010
The tax authorities of Jiangsu, the third largest province in China by GDP and the fifth largest by population, arranged a tax summit to discuss transfer pricing with taxpayers on May 25.
With only a week left before the due date for tax filings, the focus of the summit was the preparation of contemporaneous documentation under Circular Guoshuifa [2009] No. 2 and other circulars, which for qualified taxpayers must be prepared and "on desk" by May 31. Other forms of documentation were also discussed.
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