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
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Sponsored by KPMG ChinaITR and KPMG China will host a webinar on June 22 to share insights on how businesses in China are adapting to the tax challenges of the COVID-19 era. -
Sponsored by KPMG ChinaXiaoyue Wang and Choon Beng Teoh of KPMG China explain the complexities of performing year-end transfer pricing adjustments in China, including their impact on customs and indirect taxes, and the possible longer-term solutions taxpayers can consider in managing their TP arrangements.
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Sponsored by KPMG ChinaLewis Lu of KPMG looks at a number of recent tax measures introduced for supporting small and medium sized businesses in China.
