In China, ‘fapiaos’ or invoices are the most important document for tax reporting. They are considered the ‘gold standard’ for a business’ taxable income. However, Axel Standard argues that this system does not always provide the most accurate picture of a firm’s revenues.
How the outcomes of this year’s Two Sessions could impact European small and medium-sized enterprises.
How China’s 5G industry has developed so far, and where it might go in the future.