On November 23 China’s Xinhua News, a state-run media company, ran a story on what it calls the “first major Chinese anti-avoidance case”. An American-headquartered corporation has admitted guilt for evading Chinese taxes and will pay the Chinese authorities 840 million yuan ($137 million).
Unlock this content.
The content you are trying to view is exclusive to our subscribers.
The EU’s CBAM is a considerable compliance task for any in-scope companies. As payments loom for many businesses from 2026, tax departments will need to step up and take the lead
High-earning businesses place most value on the depth of the external legal teams advising them, according to a survey of nearly 29,000 in-house counsel