Global Tax Executive Programme will help improve the international tax management of multinational enterprises

During the China International Import Expo (CIIE), IBFD signed a memorandum with the Enterprise Financial Management Association of China (EFMCA) and PricewaterhouseCoopers (PwC) for a joint certification programme – the Global Tax Executive Programme.

This programme will teach tax and financial professionals to become global tax executives and experts who are able to deal with complex international tax issues, including tax compliance in an international context, tax risk management and specialist topics relevant to tax executives working in a multinational enterprise (MNE), such as tax treaties, transfer pricing, international M&A tax and international tax planning.

The signing ceremony was attended by Huang Suhua, Deputy Director General of the International Taxation Department of State Administration of Taxation; Wang Liangmu, Offshore Tax Division of the International Taxation Department of State Administration of Taxation; Wu Jiwei, Vice President of the EMFCA; Liu Jian, Vice President of the EMFCA; Victor Van Kommer, Director of Tax Services at IBFD; Li Kun, Representative of IBFD China; Spencer Chong, China Tax Markets Leader of PwC China; Wang Peng, China International Tax Service Leader of PwC China; and Di Yajun, Partner of PwC China Transfer Pricing Services.

Background to the Global Tax Executive Programme

As the world becomes increasingly interconnected, more countries are becoming integrated into the world economy. China actively participates in the process of globalization and has launched the “Belt and Road Initiative” (BRI) for making investments outside China.

Under this initiative, Chinese “Going Out” enterprises and enterprises along BRI countries have encountered international tax challenges. With the implementation of BEPS actions and tax policy concerning the digital economy, the members of our organizations felt an urgent need for the improvement of their international tax skills and knowledge of tax risk management.

The Global Tax Executive Programme is of great significance for the international enterprises of the “Belt and Road” to improve their international tax management capability and tax compliance level. State Administration of Taxation officials expect the programme to be successful. The competence improvement of MNE tax executives and competence development of tax officials are mutually beneficial and ultimately will enhance the promotion and implementation of the BRI.