China
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
Effective audit management requires more than documentation; it’s the way taxpayers engage that can shape audit direction, manage procedural ambiguity, and preserve options for appeal or litigation
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Sponsored by KPMG ChinaWilliam Zhang of KPMG China considers the tax implications of common sales models as the country’s NEV market expands. -
Sponsored by KPMG ChinaLewis Lu of KPMG discusses the recent moves on strengthening tax administration on Employee Share Ownership Plan arrangements and tightening scrutiny on high-and-new technology enterprises.
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Sponsored by KPMG ChinaLewis Lu of KPMG discusses the new State Tax Administration transfer pricing guidance for COVID-19 issues and explains why taxpayers should consider enhancing their transfer pricing management systems.
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