The national tax administration intends next year the implementation of non resident financial account information related to due diligence Sina fund exposure table: the letter Phi lag of false propaganda, long-term performance is lower than similar products, to buy the fund by the pit how to do? Click [I want to complain], Sina help you expose them! In September 2014, China in the group of twenty (G20) level of commitment will be implemented by the G20 commissioned by the organization for economic cooperation and development (OECD) standard automatic exchange of tax information for the financial account (hereinafter referred to as the "standard"), aims to strengthen global cooperation to improve the transparency of tax revenue, on the use of overseas account tax evasion behavior. According to the schedule, a financial institution within the territory of China from January 1, 2017 in accordance with the "standard" to perform due diligence procedures, identification of non residents to open in this institution of personal and corporate accounts, collect and submit account related information, by the State Administration of Taxation regularly with other countries (regions) of the competent tax authorities to exchange information. China’s first foreign exchange financial accounts of non resident tax related information of the time is September 2018. In order to guide and regulate financial institutions due diligence work, the State Administration of taxation is based on the core content of "standard", combined with China’s financial industry practice, research and drafting of the "non resident financial account information related due diligence management measures" (hereinafter referred to as the "Regulations"), and has sought the views of relevant departments. "Management measures" a total of 7 chapters 43, including the 3 schedule, the main provisions of the financial institutions within the territory of China to identify non resident accounts and the principles and procedures to collect relevant information, including the basic definitions, new accounts and stock account due diligence procedures, without the need to carry out due diligence and financial institutions the financial account, financial institutions need to collect and submit the information on the scope, and illegal financial institutions and customers punishment. Taking into account the burden of China’s financial institutions, the management approach in the standard allowed within the scope of the simplification of the relevant compliance requirements, as far as possible, taking into account the domestic and international needs of the two areas. In view of the "management approach" the contents of the financial institutions involved in the daily work of the general public and personal experience, the State Administration of Taxation on the site "management measures (Draft)" to the public for comments. In order to help financial institutions and the public to understand the "management approach (Draft)", the relevant questions are answered as follows: 1 "management approach" the introduction of the background is what? With the accelerating process of economic globalization, the taxpayer held by overseas financial institutions and asset management, and income hidden in overseas financial accounts to escape tax obligations of the residents is becoming more and more serious, all countries to further strengthen international tax information exchange, to safeguard the country’s tax interest intention is urgent. Commissioned by the G20, in July 2014, OECD issued a standard, access to the approval of the G20 summit in Brisbane, the country to strengthen international tax cooperation, to combat cross-border tax evasion provides a powerful tool. Under the vigorous promotion of G20, there are 101 countries (regions) committed to the implementation of the "standard"". Approved by the State Council, in September 2014, China’s minister of Finance and the central bank in G20相关的主题文章: