Other Briefings
Annual CIT Reconciliation in 2025 – A Brief Guide for Companies
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2025.
China Monthly Tax Brief: April 2025
This brief spotlight significant taxation developments for businesses. Among others, China expands e-commerce zones, updates VAT and tax incentives, introduces instant VAT refunds, raises tariffs on US goods, and announces new tax audit priorities.
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong’s Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2024/25 on May 2. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
Bank Account Risk Management: Tips for Hong Kong Banking Operations
Bank account risk management in Hong Kong is essential, as financial institutions tighten compliance checks of corporate accounts.
China Manufacturing Tracker 2025
Our tracker provides continuous updates on key economic and growth indicators in China’s manufacturing industry. The data for March 2025 has now been updated.
China’s New Instant VAT Refund Policy: Boost to Tourism and Retail, Amid Tariff Tensions
China’s new real-time VAT refund system enables foreign tourists to receive instant tax rebates at the point of purchase, aiming to boost domestic consumption and streamline the retail-tourism experience. While promising increased spending and digital tax efficiency, successful implementation will depend on retailer compliance and infrastructure readiness.
Impact of US-China Tariffs on Transfer Pricing – Considerations for MNCs
The escalating global trade war has profound implications for transfer pricing. We discuss strategies for MNCs to mitigate risk exposure.
Selecting Compliant Providers: Understanding China’s 2025 Tax Service Regulations
China’s 2025 tax service regulations introduce a credit code and intelligent supervision for professional tax services. Discover how the new rules impact businesses and get practical tips for selecting compliant tax service providers.
