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The tax environment in China is one of the most complex and challenging tax environments around the globe. Frequent regulatory changes, inconsistent interpretation and practices, an aggressive tax audit environment, and lack of effective appeal in China have led to inevitable uncertainties and challenges for taxpayers.
All these factors routinely expose taxpayers to potential compliance risks, heavy penalties and surcharges, loss of tax benefits, double or multiple taxation and reputational risks.
By drawing on our knowledge and experience of the tax bureaus' investigation practices, we can help clients develop effective tax strategies to prevent or manage controversies or disputes.
We can help clients find out what is possible and what is not, how to organise affairs to get the best results, and the right way to pursue the tax ruling application process.
We can help convey clients' concerns to China tax policy makers and formulate business-friendly tax policies.
We can help clients understand the motivations behind a tax audit, with key tax audit organisation and procedures identified, and we will put forward positive arguments to defend tax positions taken, as well as negotiating reductions in penalties and surcharges, where applicable.
During any tax administrative appeal or litigation process, we can highlight the strategy and ensure clients will be in full compliance with the obligations, ensuring full protection and exercise of legitimate rights.
Clients will have our support and guidance before, during and after Competent Authority MAP negotiations on bilateral tax disputes.
National Tax Policy Services Leader, China North Tax Controversy and Dispute Resolution Leader , PwC China
Tel: + (10) 6533 3103