Global Minimum Tax Reform and China

Taxation Law Research Programme (TLRP)

Global Minimum Tax Reform and China

23 November 2022

Powerpoint is available HERE

A related Article in Chinese:
全球最低税改革的规则创新与中国应对 (崔晓静, 陈镜先)

This lecture focused on the G20/OECD Pillar II international tax reform, discussing its possible impact on China and what China might do in response. In 2013, the G20/OECD launched the BEPS Action Plan and released 15 final reports in 2015. In 2019, in order to address the remaining issues of BEPS, the G20/OECD proposed a “two-pillar” tax reform package, on which a preliminary consensus was reached by 137 members of Inclusive Framework in October 2021. These final reports and measures marked the first fundamental reform in the international tax system in the past hundred years. As one of the two-pillar proposals, Pillar II aims to set the minimum corporate tax rate in the world, regulate the harmful tax planning of multinational enterprises, and create a fair international tax environment. China is currently at a stage of high-level of opening-up and is committed to building a dual circulation development pattern that will continue to energize the development of the Hong Kong SAR and Hainan Free Trade Port, and keep enhancing the momentum for the technological research advancement and scientific innovation. Will the Pillar II international tax reform proposal have any impact on China’s development strategy? What impact will it have on China’s tax law system? How should China respond to it? All these are worth exploring.

Xiaojing CUI is a professor and PhD supervisor from Wuhan University School of Law, deputy director of Wuhan University Institute of International Law, and director of Wuhan University International Tax Law Research Center. She was a postdoctoral researcher at the University of Paris XI, France, and conducted professional research as a visiting scholar at the University of Paris I, France, and as a senior visiting scholar at Georgetown University, USA sponsored by the Fulbright Program. Professor Cui has been committed to the field of international tax law, including global tax governance, international tax reform in the digital economy, international tax administration cooperation, international tax legal cooperation in “One Belt, One Road”, construction of China’s foreign-related tax law system, and EU tax legal coordination, etc. She has presided more than ten research projects including the Major Project of the National Social Science Foundation of China and Key Project of the National Social Science Foundation of China, and the think-tank reports she wrote have been adopted by the Office of the Central Leading Group for Financial and Economic Affairs, the Ministry of Finance, the State Administration of Taxation and other central departments. Professor Cui has published more than 50 academic papers in China and abroad, including authoritative Chinese legal journals such as China Legal Science, Chinese Journal of Law, as well as English journals on international tax law such as Bulletin for International Taxation and Asia-Pacific Tax Bulletin.

Chair: Professor Richard Cullen, TLRP Convenor

Enquiries: Flora Leung at