Company Highlight (2014 Q1 and Q2)
With special thanks for the invitation from HKTDC, staffs of our company attended two exhibitions held in Malaysia and Nanjing, respectively. With the worldwide exposure and experience sharing across countries, we benefit from the interaction with clients from different business sectors by understanding their needs. We have strived to be the best service provider in the field of accounting, auditing and taxation and to bring more business opportunities to our clients.
Market Flash
How can the “Go Out Policy” can help to solve the problem of Excess Capacity in China?
The global financial tsunami in 2008 has caused the most severe recession since the Great Depression in the 1930s, driving the global economy to collapse, especially in developed countries. The economic growth in developing countries such as China was also impacted by the financial crisis. According to the China Review News, it had a significant negative impact on its manufacturing industry and traditional industrial sectors…
The Impact of FATCA to the Global Tax System
In the United States, there are an increasing number of offshore multi-national corporations and business investments. The frequent economic activities have made it difficult for the government to monitor tax evasion. Under such circumstances, the U.S. Treasury Department and the Internal Revenue Service (IRS) has enacted Foreign Account Tax Compliance Act (FATCA), which is designed to combat tax evasion by U.S. taxpayers using non-U.S. accounts.