Let's move on to the prickly subject of taxation reform.

咱们继续讨论下一项税制改革这个棘手的问题吧。

《牛津词典》

The new agreement could encourage offshore Chinese firms to re-define themselves as Chinese resident enterprises, and in turn be subject to a further degree of local taxation.

新协议鼓励境外的中国公司把自己重新定位为中国常驻企业，进而加大接受中国本土税收的程度。

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Relevant provisions should be included in domestic taxation legislations to setup the subject and object of tax credit and taxation agreements with foreign countries should be completed.

应在国内税法中制定相应条款，明确规定税收抵免的主体和对象，完善对外税收协定。

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Under EU law, profits of such CFCs should not be subject to additional taxation in the country of the parent company if the subsidiaries are engaged in genuine economic activities.

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But after that, such gifts become subject to a double layer of taxation the GST tax and either the estate tax or gift tax, which donors pay after their transfers exceed certain levels.

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This story relates to tax strategies for the part of your portfolio subject to immediate taxation.

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