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 KPMG ChinaLewis Lu of KPMG China sets out the low tax rates and simplified tax categories planned for the Hainan hubs in development.
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Sponsored by KPMG ChinaThe changing international economic landscape in 2020 has driven increased merger and acquisition (M&A) activity in China, including an increase in Chinese enterprises looking to ‘go home’. John Gu, Michael Wong and Milano Fang of KPMG China discuss the tax implications of these transactional trends.
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Sponsored by Deloitte Transfer Pricing GlobalPaul Riley, Samuel Gordon and Ralf Heussner of Deloitte preview ITR’s upcoming financial services guide, produced in collaboration with global transfer pricing (TP) experts from Deloitte.
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