TEI Files Comments on China's General Anti-Avoidance Rule (GAAR)
On August 1, 2014, TEI completed its first project of direct tax advocacy with China’s State Administration of Taxation (SAT), when it filed comments regarding draft administrative measures on the Chinese domestic law General Anti-Avoidance Rule (GAAR). The comments focused on how the draft measures inappropriately expand the scope of the GAAR, unfairly subject taxpayers to two independent substance-based inquiries when special tax adjustment rules also apply, and contain overly expansive document production requirements.