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Question Discuss, in your own words, the similarities in the anti-tax avoidance measures and rules between Hong Kong and the mainland. (You are required to

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Discuss, in your own words, the similarities in the anti-tax avoidance measures and rules between Hong Kong and the mainland. (You are required to discuss the conceptual principles and approaches rather than the administrative aspect.)

(Please reply in details. Thank so much.)

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Anti-tax avoidance measures enacted by tax authorities to counteract tax avoidance practices are essential for protecting tax revenues. In line with other developed tax jurisdictions, there are some anti-tax avoidance measures under the taxation systems of both Hong Kong and mainland China. Required: Discuss in your own words, the similarities in the anti-tax avoidance measures and rules between Hong Kong and the mainland. (You are required to discuss the conceptual principles and approaches rather than the administrative aspect.)

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