First of all, special reports can include taxpayers' related activities, materials and transactions. This information is usually related to the taxpayer's tax obligation, assets and liabilities, capital flow, related party transactions, etc. , and involves important information that tax authorities need to know.
Secondly, the special report may involve related party transaction information of taxpayers. Related party transactions refer to economic transactions between other enterprises or individuals that have direct or indirect relations with taxpayers. The tax authorities have strict supervision over related party transactions, because related party transactions may have improper behaviors such as profit manipulation and tax evasion. Therefore, the special report may require taxpayers to disclose information related to related party transactions.
In addition, the special report may also include information on the transfer pricing of taxpayers' assets or income. Asset or income transfer pricing refers to the transfer of funds, assets or income between multiple tax jurisdictions by multinational enterprises, and the transfer price is determined according to a specific pricing method. The competent tax authorities pay attention to whether the transfer pricing of assets or income conforms to the principle of fairness and prevent multinational enterprises from avoiding taxes through transfer pricing.
To sum up, Article 23 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.201KLOC-0/No.25 stipulates the contents of the special report. Information disclosure involving taxpayer-related activities, materials and transactions, especially related party transactions and asset or income transfer pricing. Through the special report, the tax authorities can better understand the situation of taxpayers and ensure the fairness and accuracy of the tax system.
Extended data:
People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Proclamation is a legally binding regulation and notice issued by China tax authorities to guide taxpayers to abide by tax laws and fulfill their tax obligations. According to the needs of tax practice, State Taxation Administration of The People's Republic of China will issue a series of announcements, including provisions on tax declaration, tax policy, collection and management, etc. To ensure the fairness and transparency of tax collection.
In short, Article 23 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.201125 stipulates the contents of the special report, which usually includes the information disclosure of taxpayers' related activities, materials and transactions, focusing on related party transactions and asset or income transfer pricing. Through special reports, the competent tax authorities can supervise and review the situation of taxpayers, ensure that taxpayers abide by the provisions of the tax law, and maintain the fairness and accuracy of the tax system.