In my conversations with fellow professionals (including tax and TP advisers) over the last few weeks, one common theme has emerged of not wanting to appear to be ‘ambulance chasers’. In other words, not wanting to be seen to profit in an environment where so many people in business are suffering. My personal view is that this fear is misplaced, …

Last week the gods of Amazon smiled down on me and answered my prayer for new hair clippers. So on Friday I entrusted them to Xiaofang, and I think she did a pretty good job in the kitchen, as you can see from the picture above. In the transfer pricing world, many multinational enterprises are considering giving their local intra-group sales entities …

A short guide for transfer pricing and tax professionals on force majeure clauses in intercompany agreements and other key legal points to consider when revising transfer pricing policies in response to COVID-19 The OECD’s evaluation of the impact of COVID-19 containment measures on economic activity (as updated on 14 April 2020) suggests  that  …

It has been very encouraging to receive the news from Xiaofang’s family and from our friends that life in China is starting to open up again. Her parents are now busy in her grandmother’s vegetable garden in the countryside near Xinzheng (having been allowed to leave the family home in the city), local schools in Henan have reopened for A-level …