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 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.
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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.
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