yes, the tax agreement was promulgated by the state administration of taxation, and it is about <: Agreement between the Government of the People's Republic of China and the Government of the British Virgin Islands on Tax Information Exchange >: And the announcement of the entry into force and implementation of the Protocol, which shall take effect on December 3, 21 and apply to income obtained on or after January 1, 211.

The above agreement signed between China and British Virgin Islands is the second information exchange agreement signed between China and offshore financial centers after the first information exchange agreement signed with Bahamas on December 1, 29. The taxes that can be exchanged in the agreement include personal income tax and enterprise income tax in China, as well as income tax, payroll tax and property tax in the British Virgin Islands.

according to the agreement, the competent authorities of both contracting parties shall provide assistance in exchanging tax information with each other. Intelligence should include information with predictable relevance to the determination, verification, verification and collection of relevant taxes, the recourse and execution of tax claims, tax investigation or prosecution.

The information provided by the British Virgin Islands Government at the request of China includes information held by banks, other financial institutions and anyone as an agent or trustee; Information about the legal and beneficial ownership of companies, partners, trusts, funds and others, including the ownership information of all people in the same ownership chain; Information of the trustor, trustee, beneficiary and supervisor of the trust company; Information on the fund founder, members of the fund board, beneficiaries, directors or other senior managers of the fund company.