Core Insights - The article discusses the challenges faced by Chinese companies as they expand globally, particularly in navigating complex international tax regulations and compliance issues [1][6][8] Group 1: International Tax Reform - The "Two-Pillar" international tax reform is being implemented globally, aiming to address issues related to profit shifting and digital economy taxation [6][7] - Pillar One focuses on the allocation of taxing rights, while Pillar Two introduces a global minimum tax rate of at least 15% for large multinational enterprises [6][7] Group 2: Tax Compliance Challenges - Chinese companies, especially in sectors like biomedicine and cross-border e-commerce, face significant tax compliance risks due to evolving international tax rules [6][8] - Companies often lack awareness of dynamic international tax regulations, leading to potential tax liabilities and penalties [6][9] Group 3: Importance of Compliance - Compliance is emphasized as a survival necessity rather than a cost, with companies urged to integrate tax considerations into their business strategies from the outset [6][8] - The article highlights the need for companies to understand local tax laws and international agreements to avoid missing out on potential benefits [9] Group 4: Role of AI in Taxation - AI technology is presented as a transformative tool for tax compliance, offering solutions such as automated document processing and real-time policy interpretation [10][12] - The integration of AI into tax functions is seen as a way to enhance decision-making and operational efficiency, rather than replacing human expertise [12][14] Group 5: Talent Development - The demand for "composite talents" who possess both tax knowledge and technological skills is increasing in the industry [15][16] - Deloitte's tax elite competition has evolved to emphasize the importance of digital skills in tax education, reflecting the changing landscape of the profession [16][17]