Deloitte 2016 Tax Championship completes 1st round of regional competitions
13 university teams to proceed to final competition in Guangzhou in October
Published: 20 September 2016
Deloitte Tax Championship 2016 has concluded its first round of regional competitions in Beijing, Dalian, Tianjin, Guangzhou, Wuhan, Shanghai, Hong Kong and Taipei, with thirteen universities proceeding to the final competition to be held in Guangzhou on 29-30 October, 2016. The finalist teams include:
- Guangdong University of Finance & Economics
- Shanghai University of Finance & Economics
- Sun Yat-sen University
- Zhongnan University of Economics & Law
- Renmin University of China
- Jiangxi University of Finance & Economics
- Jilin University of Finance and Economics
- Huazhong University of Science & Technology
- Southwestern University of Finance & Economics
- National Chengchi University
- National Taiwan University
- Lingnan University
- The Hong Kong Polytechnic University
The Deloitte Tax Championship is highly reputable for its sizable scale, covering nearly 300 students from 64 universities in Greater China this year. The regional competitions included a problem solving session of simulated business cases and a quiz on tax regulation and business knowledge. At the final competitions, students will have the opportunity to make presentations to a panel of judges, comprising taxation experts and government officials.
“The tax regulatory environment is ever changing along with evolution of our economy. Changes always bring opportunities, but the question is how to capture them. From our experience, tax professionals should be possessed of what I call the ‘3i’ attributes – providing insightful solutions, adopting an integrated approach and offering innovative ideas. By having the ‘3i’ attributes, we will be able to understand the intricacies of new tax rules, and how we should take them into account in our business planning and decision. I hope that students can also adopt ‘3i’ attributes when they are addressing questions during our Tax Championship competition,” said Vivian Jiang, Country Tax Leader, Deloitte China.
This year, the Deloitte Tax Championship continues to include an essay writing competition for post-graduate students on hot button tax topics, such as VAT reform, personal income tax reform, and anti-tax avoidance. Shortlisted students will be invited to the final competition in which they are required to deliver a presentation to a judging panel in Guangzhou.
Julie Zhang, Chairlady of the Deloitte Tax Championship said: “Over the years, we have seen companies putting additional resources in tax planning and compliance as a result of their cross-border investment and operations, which call for comprehensive knowledge and understanding of tax rules in different jurisdictions. As one of the leading professional services organizations, Deloitte feels obliged to support education and training for tax talent. This is the 13th Deloitte Tax Championship, which has been a fixture in the region’s academic calendar and is in sync with our corporate social responsibility focus on education and skills building.”
Launched in 2004, the Deloitte Tax Championship is a pivotal initiative of the Deloitte Tax Research Foundation, which promotes education, research and innovation in the field of taxation by supporting an array of national and local programs in the region.