With as many as 700 companies – including multinationals – paying no Australian tax at the end of 2017, the government announces tighter laws around foreign trusts.
For treasurers with businesses in China, HNA’s liquidity squeeze is a signal lesson in how bad it can get. The affair stands to influence the whole banking sector’s non-performing loans.
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
Some 52% of Hong Kong-based enterprises questioned by KPMG have no interest in taking advantage of city's treasury tax incentives. Will its deep-pocketed government fight back?
Higher onshore funding costs – as well as tighter credit conditions – continue to put pressure on Chinese corporates to raise debt outside the country.
It’s not just socialism that has Chinese characteristics. Tax laws, too, have their own very Chinese set of peculiarities and pitfalls. CT presents a primer on avoiding common tax traps.
Proposed legislation would make it an offence to fail to prevent the bribery of a foreign official – even if they’re just a candidate for public office.
As China's currency hits its highest levels since 2015, analysts say it’s not about to end there. That's already leading to steep foreign exchange losses for some Chinese exporters.