Consensus to be implemented：
1.We are committed to establishing explicit domestic tax laws and administration procedures to ensure predictable and consistent law interpretation and standard, and unified tax administration.
2.We resolve to establish tax dispute prevention mechanisms including Advance Pricing Arrangements to prevent and reduce tax disputes to the maximum extent possible.
3.We stress the need to institute and improve dispute resolution measures including administrative review, legal remedy, and Mutual Agreement Procedure under tax treaties.
4.We are devoted to enhancing international cooperation and exchanges in formulating and enforcing coherent and consistent international tax rules and guidelines.