BRI forum calls for closer tax cooperati...

Published: July 26, 2026

Sources & Verification

Primary Source

State Taxation Administration of China (with the Hong Kong SAR Government and BRITACOM) — Official document ↗

CPG Analysis

AI-assisted summary of the official source linked above, pending human review.

Verification

AI-assisted summary · generated Oct 18, 2026 · pending human review

This summary was generated by AI from the linked official source. It has not been reviewed line-by-line by a human editor.

Report an issue with this policy ↗

⚠ This is a policy signal, not a confirmed rule.

No immediate compliance change has been identified. Monitor for official implementation documents.

⚡ Impact at a Glance

Who is affected

Multinational corporate tax directors, cross-border treasury and transfer-pricing teams, Hong Kong and Greater Bay Area professional services firms, and investors in BRI jurisdictions who rely on double-taxation treaties.

Cities / Agencies

Nationwide · State Taxation Administration of China (with the Hong Kong SAR Government and BRITACOM)

What to do now

Monitor only — no action required

Source & verification

STA · AI-assisted summary · generated Oct 18, 2026 · pending human review

What to watch next

State Taxation Administration: text of the Hong Kong–Türkiye double-taxation agreement and any new bilateral tax treaties; Hong Kong Inland Revenue Department: Greater Bay Area tax cooperation memorandum implementation details and procedural guidance; BRITACOM: council decisions, training programs and membership expansions; Guangdong and Shenzhen tax authorities: GBA cross-border taxpayer service rules

Executive Summary

Tax officials from Belt and Road Initiative countries met in Hong Kong for the fifth BRI Tax Administration Cooperation Forum, calling for closer cross-border tax administration cooperation to reduce barriers to trade and investment. China's State Taxation Administration said it has signed tax agreements with 114 countries and regions and has eliminated over 30 billion yuan in double taxation since 2013. The forum also expanded the BRITACOM membership to 37 jurisdictions, opened a new tax academy in Algiers, and saw Hong Kong agree to sign a double-taxation avoidance pact with Türkiye and a Greater Bay Area tax cooperation memorandum with Macao, Guangdong and Shenzhen. This is a diplomatic and signaling event rather than a rule change, so no compliance obligations arise directly from it.

Key Points

The fifth BRI Tax Administration Cooperation Forum was held in Hong Kong over three days, drawing more than 400 tax officials, specialists, academics and professionals from nearly 30 jurisdictions.

Hu Jinglin, commissioner of the State Taxation Administration, said China has signed tax agreements with 114 countries and regions and has eliminated more than 30 billion yuan ($4.27 billion) in double taxation for taxpayers since 2013.

Hong Kong announced it will sign a Comprehensive Avoidance of Double Taxation Agreement with Türkiye during the forum, adding to the 50 such agreements the city has signed since 2003, over 60 percent of them with BRI jurisdictions.

The BRITACOM membership grew to 37 jurisdictions with the Maldives tax authority joining, and the BRI Tax Academy in Algiers opened as the sixth academy in the network after those in China, Kazakhstan and Saudi Arabia.

Hong Kong, Macao, Guangdong province and Shenzhen signed a memorandum of cooperation on deeper tax collaboration across the Greater Bay Area, intended to ease cross-border trade and investment between Hong Kong and the mainland.

Tam Tai-pang, commissioner of Hong Kong's Inland Revenue Department, was elected chair of the BRITACOM council, and Hong Kong was highlighted for ranking first in Asia-Pacific and second globally on tax policy in the IMD World Competitiveness Yearbook.

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