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 ChinaLewis Lu of KPMG China discusses the first draft of the VAT law released by the National People’s Congress. -
Sponsored by KPMG ChinaLewis Lu of KPMG China looks at the highlights of the 2021 Advance Pricing Arrangement Annual Report.
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Sponsored by KPMG ChinaLewis Lu of KPMG China discusses the new IIT deduction for private pensions and the updated catalogue of encouraged industries for foreign investment.
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