Expert Analysis

Eric Zhou, Helen Han, Dong Cheng and Melsson Yang, of KPMG China, discuss China Customs’s reforms in areas such as enterprise classification and audits, and how these improvements will help taxpayers.

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.

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 KPMG and insightsoftware on June 25 as ITR presents a free webinar on the evolving role of tax professionals and how technology is driving the transformation

Jess Williams, Jimmy Man, and Olivier Hody of Deloitte explain how tax can be elevated from a post-close support function to a value-realisation tool in M&A transactions through quick wins and longer-term actions

Deloitte pillar two experts Chad Hungerford and Alison Lobb share their insights on the latest developments and practical issues that are emerging – and what may lie ahead

Several South Korean transfer pricing cases have established clearer judicial standards emphasising robust comparability analysis and stronger functional and economic evidence. Yulchon tax partners provide practical insights for navigating the heightened requirements

Ichwan Sukardi and T Qivi Hady Daholi of RSM Indonesia examine how geopolitical conflict and economic volatility are reshaping transfer pricing risk and enforcement, with a particular focus on Southeast Asia and Indonesia

Monika Bieri and Daniel Schönenberger of Tax Partner use a Swiss lens to examine how workforce mobility is reshaping transfer pricing models, and why the location of key decision‑makers is becoming a critical tax risk

Ratna Shakira Lie and Yoan Putra Muda of GNV Consulting explain Indonesia’s new tax guidance on insurance accounting changes, addressing the transition to PSAK 117 and its implications for income recognition and compliance

Ratna Shakira Lie and Yoan Putra Muda of GNV Consulting outline Indonesia’s relaxation of sanctions for late 2025 corporate income tax returns and payments, alongside updated rules on preliminary refunds and compliance requirements

Federico Vincenti and Carola Valente Della Rovere of Valente Associati GEB Partners/Crowe Valente examine a recent decision concerning the transfer pricing treatment of non-remunerated intra-group guarantees, focusing on economic substance, legal form, and group-level business justifications