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 sets out the low tax rates and simplified tax categories planned for the Hainan hubs in development.
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Sponsored by KPMG ChinaThe changing international economic landscape in 2020 has driven increased merger and acquisition (M&A) activity in China, including an increase in Chinese enterprises looking to ‘go home’. John Gu, Michael Wong and Milano Fang of KPMG China discuss the tax implications of these transactional trends.
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Sponsored by Deloitte Transfer Pricing GlobalPaul Riley, Samuel Gordon and Ralf Heussner of Deloitte preview ITR’s upcoming financial services guide, produced in collaboration with global transfer pricing (TP) experts from Deloitte.