Tax pacts to make going global easier

Companies can face hefty expenses, and many aren't fully familiar with their rights, says official

The State Administration of Taxation will sign and update more tax treaties and step up the implementation of these agreements to help Chinese companies investing in countries that form part of the "Belt and Road Initiative", an official from the agency told China Daily.

The SAT will also step up Mutual Agreement Procedures, a bilateral consulting mechanism, to help Chinese companies involved in international tax disputes, said Liao Tizhong, director-general of the international taxation department at the SAT.