Agreement between the University of Ancona Faculty of Economics and the University of international Business and Economics - UIBE - of Beijing, China, have started a programme of scientific co-operation aiming at a comparative analysis of the tax Systems of their countries with a view to creating a form of operative co-operation for the harmonising of fiscal rules and administrative procedures. The main objective is a clearer knowledge of the sets of fiscal laws in both countries, thus allowing better and more conscious planning strategies on the part of entrepreneurs.
The programme includes a Conference which will be held on 30th June, 1999 at the Faculty of Economics of Ancona University in which a Chinese delegation will take part (as per enclosed programme) in order to discuss the most important aspects of the Chinese fiscal system from the point of view of investment decision strategies.

The Reports will deal with the same topics as the publication which will be edited by Dott.ssa Paola Renzi and Chinese partners in Autumn 1999.

Those initiatives will make up the first stage of the scientific co-operation activity, since the work plan will follow a dynamic strategy of continuous adjustment to mutual needs and requirements.

The research is carried out under the direction and scientific responsibility of Dott.ssa Paola Renzi in her capacity as professor of Tax Law at the Institute of Legal Sciences 11Donatello Serrani" of Ancona University.

Dott.ssa Renzi will avail herself of the Institute structures of University personal and whenever necessary, of the contribution of external staff.

Prof Marco Pacetti, Rector of the Università degli Studi of Ancona, authorised to draw up and sign the present document by the Academic Senate on Ancona and Prof. Zhang Xinmin-Associate Dean- Associate Professor, authorised of the Administration Board on University of International Business and Economics-UIBE. Hepingjie Beikou Huixindongjie Beijing 100029 China, deeming the development of direct cultural and scientific co-operation to be mutually advantageous to both institutions and in order to strengthen such co-operation to be mutually advantageous to both institutions and in order to strengthen such co-operation, agree on the following issues:





Article 1

Research co-operation shall commence in the fields of Tax Law Co-operation shall be carried out through:
a) exchange of teaching, researching and technical personnel for workshops, seminars conferences and common research;
Article 2
This agreement shall be in force for in two years once signed by both parties. It can be renewed one more year upon presentation of both a scientific and financial balance sheet as well as of budget estimate.
Article 3
Settlement of controversies concerning the interpretation and fulfilment of the agreed terms and conditions shall be entrusted to an Arbitration Court composed by three members, one appointed respectively by each party, and the third chosen by mutual consent.

Article 4
The agreement will be signed in four originals, two in Italian and two in English. Each institution will keep a copy in each language.



Prof Marco Pacetti, Rector of the Università degli Studi of Ancona


Prof. Zhang Xinmin

Associate Dean - Associate Professor

University of International Business

And Economics - UIBE