ClarkMorgan Insights

Mind the GAAP in China to help your clients – Eddie Wang


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THE RULES AROUND TAX AND ACCOUNTING in China are still developing, so there are many grey areas. This grey area can be so overwhelming that sometimes even the tax authority is reluctant to assist, because they are unclear on how to proceed. Consequently, GAAP is often used to fill the holes in the Chinese taxation system, but this… The post Mind the GAAP in China to help your clients – Eddie Wang appeared first on ClarkMorgan.
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ClarkMorgan InsightsBy ClarkMorgan