China
China’s largest overhaul of its tax administration system in 24 years, featuring enhanced enforcement powers, is underway, says Abe Zhao of FenXun Partners
However, the US president increased tariffs on imported Chinese goods to 125%; in other news, UK tax firm MHA expects to raise £102m from its London listing
The US president’s flippant approach to international trade will cause chaos for corporations, but there are opportunities for intrepid tax advisers
The senior hire builds on the firm’s status as the joint most prolific US hirer in 2024; in other news, an ex-IRS chief counsel has joined Miller & Chevalier
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Sponsored by KPMG ChinaLewis Lu of KPMG China considers tax administration reform in China, which is high on the government’s agenda, with milestones set for every year up to 2025. -
Sponsored by KPMG ChinaHenry Wong of KPMG China considers the changes announced through Announcement 71, and explores how foreign asset management firms can seize the new opportunities for establishing private funds in China.
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Sponsored by KPMG ChinaLewis Lu of KPMG China considers the key tax policies set forth from recent governmental meetings.
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