Cash

China improves R&D super-deduction for manufacturing, extends multiple tax breaks for doing business in China – Multinational corporation tax

By Hengka (Henry) JI, Partner, Zhong Lun Law Firm, Beijing In order to further support technological innovation, the development of micro and small enterprises and related enterprises, the Chinese Ministry of Finance and its State Administration of Taxation released on March 15 Announcement n ° 6 of 2021 concerning the …

Read More »

K-Shaped Recovery Tightens Subprime Loan Market

K-Shaped Recovery Tightens Subprime Loan Market

Auto lenders appear to be tightening approval standards and cutting lending to customers with subprime credit, according to separate Feb. 17 reports from the New York Federal Reserve and the TransUnion credit bureau. At the same time, credit demands for clients with subprime lending are also declining, implying that some …

Read More »

Global chip shortage could hurt PlayStation 5 sales

Sonyof (NYSE: SONY) The PlayStation 5 console could be hard to find throughout the upcoming Christmas season, according to a recent Financial Times report. Semiconductor companies around the world are struggling to cope with increased demand after the volatility created by the coronavirus pandemic and geopolitical dynamics between the United …

Read More »