Other Briefings
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’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.
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 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.
China Monthly Tax Brief: March 2025
In this monthly China tax brief for March 2025, we spotlight policies and measures just announced or scheduled for implementation.
China Updated Certificate of Tax Residency Rules: Key Changes Effective April 2025
China has updated the Certificate of Tax Residency rules, effective April 1, 2025. The changes introduce a fully digital application process, reduce processing time, and expand the certificate’s scope for tax treaty benefits and verification.
