New Chinese Accounting Standards for Business Enterprises

The high-speed rail system in China has seen an astonishing level of growth over the past 15 years, and it now accounts for approximately two-thirds of the world’s total length of high-speed railway lines. Naturally, China’s high-speed rail model has also experienced the gr...

For many multinational companies with operations in China, the concept of transfer pricing is prominent and plays an important role in the tax planning process. Transfer pricing refers to prices set by affiliated enterprises when they sell goods and services. In practice, it ...