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Preserving taxpayers rights in China | International Tax Review

China has moved to offer higher levels of protection for taxpayers If you ask a tax director what keeps them awake at night, uncertainty arising from the unprecedented changes in global tax regimes may well be the most popular answer. As the second largest economy globally, China has been striving to improve its tax regime by including a higher level of protection of taxpayers rights – the journey is, however, long and winding. The highly centralised tax administration system in China comprises succinct laws and regulations, which inevitably lead to dispersive and divergent interpretation by the local tax authorities, especially if the matter is abstruse and complicated.

Deloitte Legal doubles UK headcount

By Jemma Slingo2021-02-02T12:04:00+00:00 Deloitte Legal has doubled its headcount of lawyers in the UK to more than 170, as Big Four accounting firms continue to put pressure on traditional practices. More than 80 lawyers, including 29 partners, have joined the firm following the acquisition of Kemp Little, a technology and digital media specialist. In total, 114 employees from Kemp Little have joined Deloitte Legal, boosting the latter’s overall UK headcount to around 370. Transformative acquisition of Kemp Little sees over 80 lawyers join Big Four firm Source: Jansos / Alamy Stock Photo HFRE9Y Michael Castle, managing partner of Deloitte Legal in the UK, described the completed transaction – which was announced in November last year – as ‘transformative’.

Alpha Private Equity reaches an agreement for the sale of 100% of Savio Group to the Belgian company Vandewiele

Alpha Private Equity reaches an agreement for the sale of 100% of Savio Group to the Belgian company Vandewiele Updated: 2021/1/25 13:40:52 The completion of the transaction is expected in spring 2021 Vandewiele is a Belgian global leading group active in in mechatronics and textile machinery January 4 th, 2021 – Itaca Finance S.A., a company controlled by Alpha Private Equity, reached late last year an agreement for the sale of 100% of Savio Group to Vandewiele, a Belgian global leading group active in the construction and installation of textile machinery. The completion of the transaction is expected in spring 2021. Financial terms of the transaction are not disclosed.

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