Argentina, China sign draft agreement on tax information exchange

14:09, April 17, 2010      

Email | Print | Subscribe | Comments | Forum 

Argentina and China on Friday signed a draft agreement on tax information exchange so as to make bilateral trade operations run smoothly, according to a visiting Chinese taxation official.

Wang Kang, deputy director of China's State Administration of Taxation, said the draft agreement was signed by him and Argentine Director of Federal Administration and Public Revenues Ricardo Echegaray.

"Relations between the tax administrations of the two countries are good," Wang said, recalling that the General Tax Direction of Argentina sent a group of experts to China to help China's tax reform as early as 1994.

Wang said China has also signed similar agreements with 95 other countries.

According to Echegaray, the Argentine and Chinese governments will analyze and endorse the draft agreement soon, then the two sides will sign the final agreement on tax information exchange.

The Argentine official said tax information exchange will help deepen growing bilateral trade between the two countries.

"For China, the agreement will help Chinese authorities to know the exact spending of Chinese companies in Argentina, and for Argentina it will help the Argentine government know the real flux of money as well as the profits gained by local exporters," he said.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • On Sept. 26, a resident passes by a flower terrace decorated for the coming National Day. (Xinhua/Hang Xingwei)
  • The photo, taken on Sept. 26, shows the SWAT team ready for the joint exercise. (Xinhua/Wangkai)
  • Two metro trains in Shanghai collided Tuesday afternoon, and an identified number of passengers were injured in the accident, the Shanghai-based reported. Equipment failures were believed to have caused the crash on the Line 10 subway, Xinhua quoted local subway operator as saying.
  • An employee at a gold store in Yiwu, located in east China's Zhejiang province, shows gold jewelry on Monday.(Xinhua/Zhang Jiancheng)
  • Tourists ride camels near China's largest desert lake Hongjiannao in Yulin, north China's Shaanx Province, Sept. 24, 2011. Hongjiannao is shrinking as a result of climate change and human activities, and may vanish in a few decades. Its lake area, which measured more than 6,700 hectares in 1996, has shrunk to 4,180 hectares. Its water level is declining by 20-30 centimeters annually and its water PH value has risen to 9.0-9.42 from 7.4-7.8. (Xinhua/Liu Yu)
  • Actors perform royal dance at the Gyeongbok Palace in Seoul, Sept. 27, 2011. A ceremony commemorating the 38th South Korea Sightseeing Day was held in Gyeongbok Palace on Tuesday. (Xinhua/He Lulu)
Hot Forum Discussion