China Briefing Releases New Transfer Pricing Guide
Apr. 14 – China Briefing has just released its new Transfer Pricing in China (Second Edition) – offering a detailed overview of all aspects of transfer pricing in the country. Produced in association with Transfer Pricing Associates, a specialist global transfer pricing firm, this is an essential guide for any company or individual trading with or conducting business in China.
The book deals with all aspects of transfer pricing in a practical perspective, from designing and implementing a transfer pricing system, to managing China compliance and preparing for an audit.
Specifically, this guide covers the following topics:
- Designing and implementing a transfer pricing system
- Identifying the relevant business context
- Transfer pricing disclosures and documentation
- Tax return disclosures
- Managing china compliance
- Preparing documentation
- Transfer pricing risk management
- Transfer pricing audits and enforcement
- Income adjustments
- Penalties and interest
- Managing an audit
- Advance pricing arrangements
- Cost sharing agreements
- Thin capitalization
Transfer Pricing in China (Second Edition) is available on the Asia Briefing Bookstore priced at US$40.
This guide was also written in collaboration with Dezan Shira & Associates, a boutique professional services firm providing foreign direct investment business advisory, tax, accounting, payroll and due diligence services for multinational clients in China. For more information, please contact info@dezshira.com, visit www.dezshira.com, or download the firm’s brochure here.
Transfer Pricing in China 2016
Transfer Pricing in China 2016, written by Sowmya Varadharajan in collaboration with Dezan Shira & Associates and Asia Briefing, explains how transfer pricing functions in China. It examines the various transfer pricing methods that are available to foreign companies operating in the country, highlights key compliance issues, and details transfer pricing problems that arise from intercompany services, intercompany royalties and intercompany financing.
Annual Audit and Compliance in China 2016
In this issue of China Briefing, we provide a comprehensive analysis of the various annual compliance procedures that foreign invested enterprises in China will have to follow, including wholly-foreign owned enterprises, joint ventures, foreign-invested commercial enterprises, and representative offices. We include a step-by-step guide to these procedures, list out the annual compliance timeline, detail the latest changes to China’s standards, and finally explain why China’s audit should be started as early as possible.
Managing Your Accounting and Bookkeeping in China
In this issue of China Briefing, we discuss the difference between the International Financial Reporting Standards, and the accounting standards mandated by China’s Ministry of Finance. We also pay special attention to the role of foreign currency in accounting, both in remitting funds, and conversion. In an interview with Jenny Liao, Dezan Shira & Associates’ Senior Manager of Corporate Accounting Services in Shanghai, we outline some of the pros and cons of outsourcing one’s accounting function.
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