The tax and advisory firm announced record global revenues of $50 billion for the past year. It views Asia as “a growth engine for the world”, amid pessimistic economic forecasts in other regions.
Volatility in the capital markets is not the only turbulence finance managers are having to contend with. A shake-up is under way in the C-suite of companies, as turnover rates among chief executive officers skyrockets
As US-listed companies operating in Asia turn their attention to first quarter reporting, they need to be aware of new hedge accounting standards and they don’t just apply to new hedges
A massive tax reduction plan promoted by Premier Li Keqiang is intended to boost small and medium-sized enterprises. Treasurers may want to revisit contracts and renegotiate pricing.
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.
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.