China
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
    
    
      
        
    
      
    
    
    
  China’s largest overhaul of its tax administration system in 24 years, featuring enhanced enforcement powers, is underway, says Abe Zhao of FenXun Partners 
    
    
      
        
    
      
    
    
    
  
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            Sponsored by Deloitte ChinaKevin Ng, Ron Cheng Ma and Kerry Yanbin Kuang of Deloitte explore how China has strategically developed its legal framework to provide a higher level of protection for taxpayers.
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            Sponsored by KPMG ChinaLewis Lu of KPMG China discusses how Chinese tax authorities have improved their tax functions to meet increased reporting demands, while continuing efforts to encourage trade and investment.
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            Sponsored by Deloitte UKDeloitte’s practitioners from across the globe assess how transactional activity has evolved as a result of the coronavirus pandemic and consider the key aspects of the new deal landscape.
 
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