China
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
The senior hire builds on the firm’s status as the joint most prolific US hirer in 2024; in other news, an ex-IRS chief counsel has joined Miller & Chevalier
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Sponsored by KPMG ChinaXiaolin Guo of the Shenzhen Tax Service, State Taxation Administration of China, reports that an innovative transfer pricing model that brings together Shenzhen’s tax and customs authorities has swiftly proved successful. -
Sponsored by KPMG ChinaLewis Lu of KPMG China looks at the Chinese government’s latest step in its Guangdong–Hong Kong–Macau Greater Bay Area strategy, a master plan for developing Guangzhou’s Nansha district.
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Sponsored by KPMG ChinaLewis Lu of KPMG China discusses the developments in China’s personal tax space.
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