China
Anticipating potential changes in tax basis interpretations can help reduce audit risks in tax planning for intercompany equity transfers, says Abe Zhao of FenXun partners
Clients of audit services should also be disallowed access to firms’ other services, it was claimed; in other news, Ireland approves amount B
Partners in EY’s tax advisory practice have also reportedly been dismissed; in other news, PwC has lost another Chinese auditing client in the wake of the Evergrande matter
The ‘big four’ rivals have reportedly benefitted from the fallout from PwC’s Evergrande audit; in other news, Canada published draft pillar two legislation
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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.
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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.