As the 2024 filing season approaches, tax teams are racing against deadlines for corporate income tax (CIT) filing, individual income tax (IIT) filings, and transfer pricing (TP) documentation. While speed is critical, a single oversight in these filings could turn compliance into catastrophe. In today’s increasingly stringent regulatory environment, proactively managing data risks is no longer optional – it’s a business imperative.
To address these challenges, WTS China held a special seminar / webinar titled “Survival Guide for Annual Filing Season” on 18 April.
Our partners, Ms. Han Mei and Ms. Du Fanghui, along with manager Ms. Shen Xi, represented our company as speakers. This event focused on the most pressing tax filing challenges faced by corporate finance and tax personnel, exploring how companies can achieve tax compliance in the current regulatory environment. It outlined essential survival rules for navigating the tax filing season.
The key topics included:
- Common pitfalls in annual CIT IIT filing
- Red flags in transfer pricing documentation that attract scrutiny
- Best practices for cross- departmental data validation
“Tax compliance is not a multiple-choice question, but a mandatory one”, says Maggie. This event combined theoretical framework and case analysis to help companies understand risks, develop prevention strategies, and respond effectively during the tax filing season.
For further enquiry, please contact: info@wts.cn