Core Viewpoint - The article discusses the requirement for online trading platforms in China to report tax-related information quarterly, clarifying which transactions are subject to this requirement and providing compliance suggestions for businesses engaged in private domain transactions [1][2][3][4] Group 1: Reporting Requirements - Online transactions that require reporting must involve three parties: the supplier, the customer, and the platform providing commercial services [2] - Platforms must report tax information for all merchants operating within them, regardless of whether they have the necessary licenses or registrations [2] - The reporting obligation encompasses all platforms that facilitate online transactions, ensuring comprehensive coverage of entities providing intermediary services [2] Group 2: Exempt Transactions - Transactions conducted through personal social tools like WeChat or QQ do not require reporting, as they lack the characteristics of a commercial platform [3] - Direct transactions between businesses and customers on self-operated platforms, such as proprietary e-commerce sites or apps, are also exempt from reporting [3] - Despite the exemption from reporting, businesses must still fulfill their tax obligations, as non-reporting does not eliminate the need for compliance [3] Group 3: Compliance Recommendations - Companies engaged in private domain transactions should analyze their business models to determine if they utilize platform services for online trading [4] - It is crucial for businesses to distinguish between public and private domain sales to avoid data confusion, especially when both types of transactions occur [4] - Maintaining documentation to prove transaction compliance is essential for demonstrating the legitimacy of transactions and adherence to tax regulations [4]