Belt and Road countries now agree to build a joint tax cooperation mechanism known as BRITACʘM, to create a better trade & investment environment for enterprises.

For the first time, tax officials from more than 80 countries as well as representatives from key international organizations and global enterprises are all gathering at the first tax administration forum in East China's ancient water town of Wuzhen. The focus will be on solving cross-border tax disputes including double taxation as well as enhancing tax administration's capacity. Specific action plans will be rolled out in the next two days.