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).
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DLA Piper’s co-head of tax for the US and Latin America tells ITR about her fervent belief in equal access to the law, loving yoga, and paternal inspirations
The US president also unveiled a new 50% levy on copper imports; in other news, a UK wealth tax proposal has been criticised by the Institute for Fiscal Studies
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process