Gst new tax regime: issues and challengesKapil Kapoor
Post-importation transfer pricing (“TP”) adjustments have always presented great challenge for multinational companies doing business in China due to the lack of formal nationwide mechanism which simultaneously addresses the tax, customs and foreign exchange administrat...
In last year's articleTax opportunities and challenges for China in the BRI era, we detailed initial efforts to drive tax administrative collaboration between BRI countries. These efforts were motivated by a number of particular challenges for investors from China and other BRI coun...
Pillar Two of the Organisation for Economic Cooperation and Development (OECD) and G20-sponsored project onAddressing the Tax Challenges Arising from the Digitalisation of the Economy was also cited as a major source of potential risk. This is likely due to two reasons: first, rapid pre...
facing new challenges in their operational procedures and risk management.Thus commercial banks should not only take active measures to reduce the above-mentioned risks caused by appreciation of RMB,but also should use the experience of international commercial banks to set up a sound risk management...
bright and wide-ranging under the "one country, two systems" principle, which ensures the continuous growth of Hong Kong's long-standing institutional strengths, from the rule of law and the world-renowned judiciary backed with independent judicial power, a low and simple tax regime, and much...
"crushing task" confronted by the severest economic crisis since the great depression of the 1930s. "my road map is clear and simple: it will be recovery - morning, noon and night." the coronavirus crisis has unravelled the hard-fought gains of a liberal economic reform agenda that ...
Accordingly, Intellectual Property assets will qualify for the benefit of the new tax regime only to the extent that they arise from research and development activity. The new bill has also envisaged a certain range of safeguards in order to ensure that research and development activity will duly...
Pillar Two also needs to be considered in the context of ESG. Combined with Public Country-by-Country Reporting (CbCR)—a related OECD initiative—the new regime puts a spotlight on the total tax contribution of companies. Executives need reliable data not only to accurately calculate tax liabili...
SMALL BUSINESS TAX REVIEW The Office of Tax Simplification (OTS) has published two discussion papers aimed at simplifying the tax regime for small businesses. These documents are intended to encourage discussion and feedback on a number of proposals, not least a ... March - 《Accountancy》 被引...