After years of debate, HK considers a reform that would allow transfers of losses among subsidiaries. In Beijing, it seems even further away, but there are ways to pay less tax.
As the deadline for the first tax filing under China’s new indirect tax system draws near, CT pinpoints the key challenges for businesses effected in China.
China’s new rules on foreign CPAs auditing overseas listed Chinese companies will change the shape of auditing in China, but ultimately brings it in line with international standards.
The SEC has fined some of China’s largest auditors for failing to supply paperwork from US-listed Chinese companies. It underlines a longstanding stalemate, but not everyone believes the outcome is positive.
Raymond Tse, formerly on the finance and IT team with UBS, has joined AxiomSL in Singapore as its new CFO and chief operating officer for Asia-Pacific.