Digitalization ‘offers new challenges’
2018-03-22 13:17 China Daily Editor: Mo Hong’e ECNS App Download
Digitalization of the economy, especially in terms of crypto-assets, could bring new challenges including tax evasion and money laundering, warned senior Chinese officials.
The fast development of the digital economy might impact the existing international tax system, and the short-term tax incentives could restrain its long-term development, said Zhu Guangyao, China’s vice-minister of finance, at the two-day G20 meeting since Mo…
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