Past Events
Digital Economy: China Opportunities and Global Tax Changes
China's 14th Five-Year Plan emphasises the need to encourage the nation’s digital economy, through upgrading traditional industries, creating new sectors and ways of operating, and strengthening economic development. At a seminar on 18 February, Cecilia Lee and Tiffany Wu, Transfer Pricing Partners at PwC Hong Kong, discussed the key highlights of the digital economy in the 14th Five-Year Plan.
Changes to the international tax landscape are also coming in the near future, and the speakers also discussed the latest developments with BEPS -- the OECD's plans to tax the digital economy and for a minimum global tax. They suggested MNCs to establish cross function team, and utilize models and automatic tools to predict the future cost for compliance as the ways to deal with the stricter requirements and challenges of the plan.
2022/02/18
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