The Ministry of Finance and the State Administration of Taxation have recently introduced a series of tax policies to provide fiscal advantages to financial institutions supporting Small and Micro Enterprises and companies investing in R&D.

When it comes to multinational business operations, Transfer Pricing (TP) arrangements are important aspects of taxation for this kind of company. These arrangements involve Chinese subsidiaries making royalty and license fee payments to their foreign parent companies. Wh...

In India, the authority to levy taxes is derived from the Constitution, allocating this power to both the Central and State governments. All taxes are regulated by appropriate legislation passed by either the Parliament or the State Legislature. India's taxes are classi...