Chinese tax authorities have pledged to step up efforts to crack down on tax avoidance by foreign companies, after the nation levied almost $140 million in back taxes from Microsoft.
China Vows to Toughen Stance on Tax Avoidance by Foreign Companies
Posted by celliott on Jan 7, 2015 11:24:51 AM
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Topics: BEPS, China, International Tax, Tax, Tax Evasion, Uncategorized
More US companies are looking to repatriate some operations. As labor costs rise overseas, more U.S. companies are carefully weighing their offshore strategies and expanding jobs domestically. The vast majority of CFOs (95 percent) do not anticipate offshoring their operations in the coming years.
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Topics: outsourcing, technology, China, distribution, manufacturing, Uncategorized