China
Belt and Road Initiative countries face tax incentive conundrums due to pillar two, but relatively few countries would seek to scrap the project, ITR has heard
China and a clutch of EU nations have voiced dissent after Estonia shot down the US side-by-side deal; in other news, HMRC has awarded companies contracts to help close the tax gap
Major economies have expressed concerns, with China arguing a US global minimum tax exemption would be a violation of the principle of fair competition – ITR understands
A lack of commitment from major jurisdictions and the associated compliance burden are obstacles facing the OECD initiative
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Sponsored by KPMG ChinaLewis Lu of KPMG China looks at the highlights of the 2021 Advance Pricing Arrangement Annual Report. -
Sponsored by KPMG ChinaLewis Lu of KPMG China discusses the new IIT deduction for private pensions and the updated catalogue of encouraged industries for foreign investment.
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Sponsored by KPMG ChinaLewis Lu of KPMG China looks at the latest enhancements to innovation tax incentives as well as new integrity requirements for Hainan free trade port incentives.
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