Expert Analysis

Taxpayers should make sure they are compliant with rules on equity-based incentive plans and frequent business travellers as the individual income system moves towards comprehensive reform, explain Michelle Zhou, Chris Ho and Barbara Forrest of KPMG China.

Though R&D tax incentives are attractive in China, multinational companies should remember that, in return, the authorities expect more than routine work to be carried out, explain Alan Garcia, Bin Yang, Josephine Jiang and William Zhang, of KPMG China.

As noted in last year's edition of China – Looking Ahead, the Third Plenum of the 18th Chinese Communist Party (CCP) Congress in November 2013 gave key priority to fiscal and tax reforms, which were raised to the prominent status of a 'national governance' issue for policy-making purposes. The subsequent Communiqué and Decision by the Central Committee of the CCP on "Deepening of Key Reforms" set principles and targets for tax reform, budget management, and the realignment of central versus local government revenue and obligations, with far reaching restructuring and modernisation of China's fiscal administrative system being pursued on an aggressive timeline.

Join Grant Thornton and insightsoftware on April 23 for a free ITR webinar exploring how flexible tax software aligns with your existing processes, enabling smoother adoption, integration, and phased implementation across complex organisations

Join ITR for a free webinar on February 4 as senior tax practitioners from BDO India analyse a highly significant ruling by the Indian Supreme Court

Interview with Candy Ye Tang, tax and business advisory leader, Deloitte China

Antonio Ruiz and Alejandra Arguedas of EY Central America, Panama and Dominican Republic explain how tax, geopolitical factors, and trade agreements shape foreign investment in Central America, offering guidance for companies navigating the region

David Hamzah Damian of DDTC Consulting examines recent procedural changes in Indonesia’s tax disputes process and the Supreme Court’s stance on tax evidence, highlighting key implications for taxpayers facing audits, objections, and appeals

Eddie Morris, Josep Serrano Torres, and Jen Breeze of Deloitte compare transfer pricing controversies in the pharmaceutical and automotive sectors, highlighting how DEMPE functions, regulation, and intangibles drive both common themes and sector-specific challenges

Sandra Benedetto and Paula Campusano of PwC Chile analyse recent Chilean Internal Revenue Service rulings that adopt a new methodology compared with the criteria set in previous administrative instructions

India’s recent trade deals and Union Budget 2026 reforms create opportunities and compliance considerations for exporters, say Rohan Muralidharan, Shobhana Krishnan, and Brijesh Dash of Lakshmikumaran & Sridharan

Ahdianto Ah and Aditya Nugroho of GNV Consulting explain recent Indonesian tax reforms affecting business restructurings, treaty access, and enforcement