The positive 2022 data on US-China trade in goods indicates there is still high demand in sectors such as manufacturing and agriculture, despite increasing diplomatic tensions.
The annual CIT reconciliation is a good chance of the year for companies to examine if they have exhausted all possible tax incentives. In this article, we introduce the major CIT incentives offered in China
India’s antitrust regulator CCI has levied a $161 million fine on Google and ordered it to lift restrictions on device manufacturers like pre-installation of Google apps.
The OECD has finalized implementation guidance for the 15% global minimum tax rate, which both mainland China and Hong Kong have agreed to. We discuss the latest guidance and impact on multinationals.