evasion of taxation

Both sides welcome the signing of the "Agreement for the Avoidance of Double Taxation and the Prevention of Fiscal Tax Evasion" between related agencies of the two countries.

Tax coordination can avoid double taxation, tax evasion and excessive tax competition, so the necessity and importance of the international tax coordination are increasing under the current situation.

A man from Luoyang, Henan Province, who reported a store's tax evasion to the local taxation bureau, sued the bureau after it paid him a reward of only 1 yuan, Oriental Today reported.