Analysis of the Global Minimum Tax GloBE Information Return, GIR (Draft for Soliciting Opinions)

The GloBE information return is crucial for MNE groups to calculate their top-up tax. Hargent will carefully examine the 4 essential details in the GloBE information return related to Pillar 2 and offer 3 appropriate recommendations.

2023-03-03 Pu Chenxi

2022 Final Settlement: Practical Analysis of Applying Three Super- deductions and Superimposition for High Enterprise R&D Equipment.

High-tech enterprises can apply the one-time Super- deductions policy to support technological innovation and the 100% other deduction policy for research and development expenses when purchasing new equipment for research and development in the fourth quarter of 2022. How to learn the policy points and the rationality of overlapping applications in the 2022 final settlement. Hargent brings you sample parsing.

2023-02-23 Gu Shizheng　　Cheng Yan

A Comprehensive Explanation of the Amount B Consultation Document Including the Latest Recommendations from Hargent

The OECD aims to simplify transfer pricing compliance management in countries with low tax collection and management capabilities. To achieve this, they focus on implementing the arm's length principle in transactions, determining profits from fundamental marketing and distribution activities, and enhancing tax certainty by following the amount B rule. Hargent interprets the article "Public Consultation Document on Pillar 1 Amount B".

2023-03-03 Jin Chuan　　Wu Xiaoqiang

Learn How to Handle Tax Deregistration with a Comprehensive Strategy in This Informative Article.

Before cancelling your taxes, completing all necessary tax-related tasks is important. Depending on your situation, you may be eligible for exemption, immediate processing, or limited-time express processing of tax clearance certificates. It's important to understand how to use the electronic tax bureau cancellation system and be aware of any legal risks in cancelling your taxes. Hargent will provide a comprehensive analysis of the tax cancellation process for you.

2023-02-23 Xu Miaomiao 　　Tan Xiaofang 　　Cui Hua

From the Draft Value-Added Tax Law, Hargent Has Discovered Five Important Trends in VAT Reform.

The draft value-added tax law simplifies, standardizes, reduces burdens, and integrates internationally. It follows destination taxation principles, maintains stable tax rates, allows deduction for loan services, standardizes deemed sales, and determines tax rates for mixed sales based on main projects.

2023-02-06 Xu Yidan 　　Wang Fang 　　Wu Xiaoqiang

Explanation of Case: The Tax Incentives for Offsetting Non-performing Debt with Property are Highly Beneficial.

In this article, a case study will be presented to provide a detailed explanation of the tax incentives related to the utilization of property to offset non-performing debts of banking financial institutions and financial asset management companies, as outlined in "Announcement No. 31 of the Ministry of Finance and the State Taxation Administration in 2022."

2023-02-06 Zheng Wenyan 　　Li Juan 　　Wang Xu

What are the Changes and Impacts of the IAS12 Income Tax Accounting Standards (Amendment to Pillar 2) Requested by the Ministry of Finance of the People’s Republic of China?

The International Accounting Standards Board is revising the Income Tax Standards (IAS 12) to standardize accounting for Global Minimum Tax in Pillar 2. The Ministry of Finance is seeking public opinion. Hargent will interpret the changes and their effects on guidelines.

2023-02-06 Wu Xiaoqiang

Have you made the Correct Decision in Response to the Tax Warning for the Investment Income Prepayment Tax Filing?

Could a company declare tax exemption when using the equity method to calculate the prepayment of long-term equity investment income? What are the tax risks associated with incorrect tax filing?

2022-12-20 Xia Yongqing 　　Wang Xu