A New Dawn for the International Tax System

Evolution from past to future and what role will China play?

A New Dawn for the International Tax System
This book provides a long-run perspective on the development of the global taxation framework and analyses China’s rules against developments elsewhere in the world.

Why this book?

The global tax system is currently in a period of flux, with the BEPS Project driving a significant overhaul of international tax rules. At the same time, China’s growing economic sophistication has prompted radical change in Chinese cross-border tax rules and a shift in China’s engagement with global tax rule-setting bodies. This book provides a long-run perspective on the development of the global taxation framework and analyses China’s rules against developments elsewhere in the world.

A New Dawn for the International Tax System is a collaboration led by executive editors Khoonming Ho and Yuesheng Jiang, of KPMG China and the Jiangsu Provincial Office of the SAT, respectively.

Downloads 

Sample excerpt, including table of contents

Editor(s)

Yuesheng Jiang is the Deputy Director-General of the Jiangsu Provincial Office of the SAT. He has more than 20 years of experience in international tax administration and leads many high-powered international tax and economic policy committees at the national and provincial levels.

Khoonming Ho is the Vice Chairman and Head of Tax at KPMG China, as well as the Head of Tax for KPMG Asia Pacific. Since 1993, Mr Ho has been actively involved in advising foreign investors on their investments and operations in China. He plays a leading role in government policy committees and is a thought leader in Chinese taxation.

Author(s)

Conrad Turley is a director with KPMG. He specializes in international tax and is based in Beijing. Mr Turley has previously worked with KPMG in Hong Kong, Dublin and Amsterdam, and with the European Commission Tax Directorate in Brussels.

Mario Petriccione is a director with KPMG. He specializes in international tax and is based in London. Mr Petriccione has extensive experience working on structuring Chinese investments.

David Chamberlain is an international corporate tax adviser. He specializes in transfer pricing and is currently located in China. Previously, he has worked in the high-technology sector, based in California’s Silicon Valley, and as a team leader in the advance pricing agreement programme of the US Internal Revenue Service (IRS).

A New Dawn for the International Tax System
Chapter 1: Globalization and Development of MNEs
Chapter 2: Global Strategic Planning of MNEs and International Tax
Chapter 3: Approaches of MNEs towards International Tax
Chapter 4: Tax Jurisdiction
Chapter 5: Transfer Pricing
Chapter 6: Advance Pricing Agreements
Chapter 7: Transfer Pricing for Intangible Assets and Cost Sharing Arrangements
Chapter 8: Controlled Foreign Corporation Rules
Chapter 9: Interest Deductions
Chapter 10: General Anti-Avoidance Rules
Chapter 11: Tax Treaties
Chapter 12: E-commerce
Chapter 13: Harmful Tax Competition
Chapter 14: Status and Trends in International Tax Cooperation
Chapter 15: Principal Forms of International Tax Cooperation
Chapter 16: International Tax Administration Solutions in Major Countries

Recommended Books

Tax Transparency
June 2025

Tax Transparency
Tax Procedures
June 2025

Tax Procedures