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 ChinaITR and KPMG China hosted a webinar on February 24 at 9am (GMT) / 5pm (Beijing time) to discuss the growth opportunities in the new energy vehicle market.
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Sponsored by KPMG ChinaWilliam Zhang of KPMG China considers the tax implications of common sales models as the country’s NEV market expands.
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Sponsored by KPMG ChinaLewis Lu of KPMG discusses the recent moves on strengthening tax administration on Employee Share Ownership Plan arrangements and tightening scrutiny on high-and-new technology enterprises.