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Lewis Lu and John Timpany of KPMG China discuss the draft legislation for implementing the concessionary tax regime for family-owned investment holding vehicles managed by a single family office in Hong Kong SAR.

Lewis Lu of KPMG China discusses the first draft of the VAT law released by the National People’s Congress.

Adam Azulai and Sofie Verheij of Grant Thornton offer a first-hand explanation as to why their peers in the M&A industry are so keen on a non-GAAP earnings measure.

Fernando Matesanz of Spanish VAT Services breaks down the tax authority’s recent proclamation on rectifying invoices, with the potential for more flexibility for businesses.

Fred Ward and Young-chan Jung of Russell McVeagh explain the newly adopted approach to New Zealand’s GAAR that was shaped by a Supreme Court decision.

Vertex’s Sue Ahimovic captures the auditing revolution unfolding across the globe and highlights how businesses should prepare for real-time audits.

Jun Au of DLA Piper Australia analyses the Federal Court’s significant ruling which may lead to a substantial reduction in costs for those in the mining, oil and gas sectors.

The referral of several cases to the ECJ could result in a Portuguese Arbitration Court stance constituting a violation of EU law, says Inês Salema of Morais Leitão, Galvão Teles, Soares da Silva & Associados.

Bartosz Głowacki of MDDP analyses the new rules surrounding the Polish Investment Zone, with significant tax windfalls to be found by intrepid investors.