The 12th Five-Year Plan of China recognises the competitive advantages of Hong Kong and sets out some initiatives to bolster its unique position. Exactly how the Hong Kong government uses tax policies to implement the initiatives proposed in the Five-Year Plan will be critical for the continued prosperity of Hong Kong, say Ayesha Macpherson, Darren Bowdern and Garry Laird of KPMG
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Multinationals face rising TP scrutiny as global rules diverge. As Daniel Moalusi argues, strong, consistent documentation is now essential to minimise audit risk and protect tax positions
While Brazil’s consumption tax overhaul led to a short-term spike in tax advisory demand, we are now in a period of ‘normalisation’ marked by decreased recruitment