Group 1: Export Performance - Liaoning's total export value reached a historical high of 199.26 billion yuan in the first half of the year, with a year-on-year growth of 13.4%, exceeding the national average by 6.2 percentage points [1] - The province's tax authorities have optimized export tax rebate services and strengthened compliance guidance to support export enterprises [1] Group 2: Transition from Export to Domestic Sales - The tax system in Liaoning has introduced measures such as "Export Transition Tax Policy Guidance" to assist foreign trade enterprises in transitioning their products from export to domestic sales [1] - Companies like Dandong Zhengrun Food Co., Ltd. received timely support from tax experts to adjust their reporting data and ensure compliance during the transition [1] Group 3: Market Expansion and Innovation - Companies are actively expanding into both domestic and international markets, with Liaoning Hand Technology Co., Ltd. reporting a 17% year-on-year increase in orders for the first quarter of 2025 [2] - Liaoning WoDe Pharmaceutical Co., Ltd. has seen a surge in orders from Germany and South Korea, indicating strong demand for its products [4] Group 4: Tax Support and Compliance - The tax authorities have established a service mechanism to address the needs of enterprises transitioning from export to domestic sales, ensuring compliance and risk management [3] - Tax departments are providing tailored services, including policy updates and compliance guidance, to enhance the competitiveness of export enterprises [4][5] Group 5: Future Outlook - The tax system in Liaoning plans to continue focusing on the tax needs of export enterprises, promoting compliance and risk mitigation to support high-quality local economic development [6]

Core Viewpoint - The introduction of the "Regulations on Tax Reporting Obligations for Internet Platform Enterprises" marks a significant step in integrating tax compliance for both domestic and foreign internet platforms operating in China, effective from June 20, 2025 [1][2]. Group 1: Regulatory Framework - The regulations impose comprehensive reporting obligations on both domestic and foreign internet platform operators to ensure tax compliance among all market participants [1][2]. - Foreign internet platforms providing profit-making services within China are now subject to the unified tax supervision system, eliminating potential loopholes for tax arbitrage [2][3]. Group 2: Reporting Requirements - Key deadlines for foreign platforms include submitting basic information by July 30, 2025, and identity and income information of platform operators and employees by October 31, 2025 [9][10]. - The regulations require detailed reporting of identity information for domestic operators and employees, as well as income information from the previous quarter, with specific exemptions for low transaction amounts [6][7]. Group 3: Compliance and Penalties - Non-compliance with the reporting requirements can result in fines ranging from 20,000 to 500,000 RMB, and may affect the foreign platform's tax obligations in China [3][10]. - The regulations establish a clear hierarchy for reporting responsibilities based on the presence of operational entities within China, with specific obligations for platforms with or without local entities [4][10]. Group 4: Implications for Foreign Platforms - The regulations signify a new phase in China's governance of digital economy taxation, emphasizing the need for foreign platforms to establish robust internal compliance systems to meet reporting obligations [14]. - Foreign platforms may face multiple tax obligations, including value-added tax and corporate income tax, depending on their operational structure and activities within China [11][12].