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 ChinaLewis Lu of KPMG China discusses the recent developments in advance tax rulings in Shanghai as the country moves towards greater tax transparency and certainty
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Sponsored by KPMG ChinaIn an article that complements a webinar on January 25, Harry Zhang of KPMG China explains the export control challenges confronting multinational corporations amid Chinese–US tensions and new regulations
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Sponsored by KPMG ChinaJoin ITR and KPMG China at 5pm Beijing time (9am GMT) on January 25 2024 to hear how businesses can improve their operations and ensure compliance amid new export control policies and US measures