Transfer pricing adjustments may be made in accordance with Circulars 3 and 16 “Internal Working Procedure (Trial) of Special Taxation Adjustment” and “Joint Assessment Procedure (Trial) for Key Cases of Special Taxation Adjustment”. Accordance with SAT Gong Gao (2014) No 54 of 29 August 2014, the taxpayer is sent a Notice of Tax Affairs and must send in contemporaneous transfer pricing documentation and other related material within 20 days of the issue date of the letter if the tax authority considers there is a risk of tax adjustments. The taxpayer may make adjustments and pay tax on its own initiative or request the tax authority to determine the transfer pricing methods and make the tax adjustments.
Chile-Hong Kong: FTA enters into force
Related Posts

China cuts export tax rebate for electric vehicles to 9% starting April 2027
China's Ministry of Finance and State Taxation Administration announced on 13 October 2026 that the country will reduce
Read More
UK: Britain considers levy on Chinese EV imports
Britain's government is considering tariffs on electric vehicles imported from China, as concerns grow that
Read More
US restricts aircraft parts to China in trade standoff
The Trump administration has begun limiting aircraft component exports to China as part of a broader strategy to gain
Read More
China: STA introduces uniform tax penalty standards from November 2026
China’s State Taxation Administration (STA) has released the National Tax Administrative Penalty Discretionary
Read More
China, US agree to broad tariff cuts, soybeans remain excluded
China's commerce ministry and the White House jointly announced a reciprocal tariff reduction plan worth USD 60 billion
Read More
US and China extend trade truce, push for bigger agreement
The US and China agreed, on 23 September 2026, to extend their trade truce by two months, pushing the expiration date
Read More