Tax reforms enacted during the time of economic boom are proving to be inappropriate in present-day China, which is still recovering from the difficulties of 1997 and contemplating accession to the WTO. As a result, the PRC government is now putting in place new reforms. By Matthew Mui and Ian Jia of PricewaterhouseCoopers, Beijing
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The proposed Block TP Assessment could provide taxpayers with long-term arm’s-length price certainty and reduce admin headaches, Sanjay Sanghvi of Khaitan & Co writes
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