China
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
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
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Sponsored by Deloitte Transfer Pricing GlobalMatej Cresnik, Oliver Busch and Jeremy Brown explain how captive insurance companies of non-insurance groups have come under increased scrutiny from the judiciary and tax authorities. -
Sponsored by Deloitte Transfer Pricing GlobalRalf Heussner, Sebastian Ma’ilei and Stephen Weston explore how the coronavirus pandemic has affected businesses in the financial services sector and consider the transfer pricing (TP) changes for the ‘new normal’.
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Sponsored by Deloitte Transfer Pricing GlobalJohn Leightley, Xiaoli Huang and Samuel Gordon discuss how transfer pricing (TP) considerations will evolve for financial services firms as China takes calculated steps towards liberalising its economy.
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