On the top floor of the World Financial Center in Lujiazui City, in the conference room of "Hengtong International Tax Agents Office", the Huangpu River meanders like a silver ribbon outside the floor-to-ceiling windows, but the window is filled with an atmosphere that is tighter than the morning fog on the river. Shuang Jiera's fingertips were pressed against the touch panel of her laptop. The Excel spreadsheet jumping on the screen densely listed the related party transaction data of "Xinghan Energy" in the past three years. This multinational energy giant is facing an anti-tax avoidance investigation by the State Administration of Taxation. As Hengtong's youngest global tax planning director, she is the core operator of this game.
"Double directors, the tax authorities have made it clear that they suspect us of transferring profits through the 'technical service fees' of our Singapore subsidiary, and require us to provide pricing basis for the past five years." Chen Mingyuan, CFO of Xinghan Energy, pushed up his gold-rimmed glasses, with imperceptible anxiety in his voice. "If the transfer pricing is determined to be unreasonable, the tax surcharge and late payment fees may exceed 800 million."
Shuangjiela raised her eyes and glanced at the Xinghan executives and law firm lawyers in the conference room. She spoke calmly but with an uneasy tone.
