Asia Transfer Pricing Brief: Q2 2024
In our Asia Transfer Pricing Brief for Q2 2024, we present the latest updates and new guidelines on transfer pricing from Malaysia, Singapore, and the OECD.
China Monthly Tax Brief: August 2024
In this monthly China tax brief for August 2024, we spotlight policies and measures just announced or scheduled for implementation.
Tax Filing for Outbound Payments in China: A Complete Guide
When an individual or organization in China makes a single outbound payment to overseas entities that exceeds the equivalent of US$50,000, the payer must complete tax filing for outbound payments with the local branch of the STA, with limited exceptions.
China’s New Circular Eases Taxpayer Relocation
China’s State Taxation Administration will streamline taxpayer relocation from September 1, 2024, with proactive guidance, simplified procedures, and enhanced post-relocation services.
China Manufacturing Tracker: 2024-25
Our new tracker providing continuous updates of key economic and growth indicators in China’s manufacturing industry.
Stay Alert: Guide to Preventing New Types of Fraud for Financial Staff
New types of fraud targeting corporate finance personnel are diverse and continuously evolving with technological advancements. We explain the common fraud methods and strategies to prevent unnecessary losses.
China Monthly Tax Brief: July 2024
Highlights from this monthly China tax brief include multiple tax incentives for encouraging green development, supporting listed SMEs, and guiding M&As.
Hong Kong’s New Patent Box Regime: A 5% Tax Concession for Qualified IP Income
The patent box tax concession in Hong Kong was enacted on July 5, 2024. Taxpayers who meet specific requirements can be charged profits tax at the concessionary rate of 5 percent instead of the normal profits tax rate of 16.5 percent.