TRANSFER PRICING

An Italian court recently made a decision that turns heads in the business world. A Japanese parent company was in tight financial spot. Its Italian branch stepped in to guarantee a loan without demanding any fee. The Italian Supreme Court said thumbs up to this move. Why? Because the parent's troub

China’s new Golden Tax IV system, built on big data and AI, is reshaping how the country collects tax. By linking customs, banking, utilities and company records into one giant database, the system can spot irregularities across all sectors. The move comes as China’s fiscal deficit has grown sharply