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 ChinaNicole Zhang of KPMG China discusses the progress made on Hainan Free Trade Port and considers the unique features of this tax regime, relative to the standard mainland China tax rules.
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Sponsored by KPMG ChinaThere were a number of important reforms affecting individual income tax in China at the turn of 2022. Lewis Lu of KPMG explains what they mean for taxpayers.
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Sponsored by KPMG ChinaITR and KPMG China hosted a webinar on March 10 to share insights into transfer pricing adjustments including the difficulties faced by MNEs and possible solutions available.