The IRS issued a memorandum to all Large Business & International Division and Small Business/Self-Employed Division examination employees to
What does it mean to delete Article 9 from the Foreign Trade Law of the People’s Republic of China?
On December 30, 2022, the 38th meeting of the Standing Committee of the Thirteenth National People's Congress adopted a decision to delete Article 9
VAT is about to be legislated! What adjustments are there?
On December 27, the draft value-added tax law was submitted to the Standing Committee of the National People's Congress for deliberation for the first
Big U.S. CFOs Urge Treasury to Reconsider Foreign Tax Credit Rules
On June 3, 2022, 28 Chief Financial Officers (CFOs) of major U.S. corporations (see notes for a list) signed a letter to U.S.
International Comparison of Inheritance Tax System and China’s Choice
The collection of inheritance tax The inheritance tax originated in ancient Egypt more than 4,000 years ago. The purpose of the levy was to raise
Shenzhen Customs and taxation implement coordinated management of transfer pricing of related imported goods, reduce tax compliance costs, and improve tax certainty
For a long time, the different requirements of customs valuation and tax transfer pricing have brought many problems to the tax compliance of
The Chinese version of “Pillar One Amount A: Tax Base Determination Legislative Template Public Discussion Draft”
Introduction After years of intensive negotiations to update and fundamentally reform international tax rules, 137 jurisdictions within the
The tax risk of improper signing of cross-border transaction contracts is “approaching the door”
Source: China Tax News Data from the National Bureau of Statistics shows that in the first quarter of 2022, my country's total import and export
New tax rebate measures to boost exports
In order to help foreign trade enterprises alleviate their difficulties, the State Administration of Taxation issued the "Announcement on Further