An October article in China’s government-run People’s Daily newspaper condemned multinational corporations for evading taxes. The article urged the government to prosecute those who moved money out of China through offshore structures and investments. Tax professionals say the article is a telling sign of China’s crusade to retain its fair share of tax income.
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The long-awaited overhaul of Brazil’s tax systems will cause uncertainty for businesses. Experts from Lavez Coutinho argue it is essential for company leaders to get ahead of the issues
‘KPMG Workbench’ has a network of 50 AI assistants and chatbots that will assist clients; in other news, Baker McKenzie hired a former US deputy attorney general and tax disputes expert
Burford Capital said it hopes that the US Congress will not ‘set back’ business growth and innovation by introducing a tax on litigation funding profits
The new framework simplifies the process of relocating eligible employees to Luxembourg and offers a ‘clear and streamlined benefit’, says Alexandra Clouté of Ashurst
New Zealand is bucking the trend of its international counterparts with its investment-friendly visa approach. Here’s what high-net-worth investors need to know