Deloitte Tax Championship Competition supports talent development and academic exchange in Greater China

Published: 29 September 2015

Thirteen universities have won their tickets to the final competition of the Deloitte Tax Championship 2015 to be held in Chongqing on 24 October. These are the winning teams at the regional competitions on 29 August, 2015, hosted in Beijing, Tianjin, Dalian, Shanghai, Wuhan, Guangzhou, Hong Kong and Taipei covering nearly 300 students from 66 top universities in Greater China. The finalist teams include:

• Hong Kong Baptist University
• Jiangxi University of Finance & Economics
• Minjiang University
• National Chengchi University
• National Taiwan University
• Ocean University of China
• Shandong University
• Shanghai University of Finance & Economics
• Southwestern University of Finance & Economics
• Sun Yat-sen University
• The Chinese University of Hong Kong
• Xiamen University
• Zhongnan University of Economics & Law

The Deloitte Tax Championship is an intense competition, comprising a problem solving session of simulated business cases and a quiz on tax regulation and practical business knowledge. Over the years, it has established the reputation as an interactive platform to promote tax education and facilitate academic exchange among major tertiary institutions in Greater China.

“Unprecedented changes happening globally with respect to cross-border tax issues have prompted companies to invest more and more resources on tax organization transformation and compliance structure. To nurture the tax professionals for the next generation becomes important to businesses in the region. A salient feature of the Deloitte Tax Championship is the participation of not just students and teachers, but tax professionals and government officials. Our competition creates the dialogue opportunities for each stakeholder, who plays a part in shaping the future of tax education in the region,” said Vivian Jiang, Country Tax Leader, Deloitte China.

Similar to previous years, the Deloitte Tax Championship also includes an essay writing competition for post-graduate students on key tax topics, such as tax system innovation, value-added tax and tax incentives for special regions and industries. Short-listed students will be admitted to the final competition where they will deliver a presentation to a panel of judges in Chongqing.

Maria Liang, Co-chairlady of the Deloitte Tax Championship said: “Within Deloitte, we invest heavily on training for our people as we understand the importance of talent development. Aligned with that, we also focus our community service efforts in the areas of skills building and education. Through the Deloitte Tax Championship, we are able to make a positive impact on tax education development. The competition not only test students on tax knowledge, but their communications skills and the ability to think creatively to resolve complicated business issues.”

Commenting on the performance of students at the regional competitions, Julie Zhang, Co-chairlady of the Deloitte Tax Championship said “In today’s business world, you need the business acumen, coupled with the ability to cooperate and collaborate with your colleagues, to resolve complicated business issues. We feel inspired by the approach taken by students to address the simulated business cases, which not only tested their tax knowledge, but how well they could apply other business models and concepts.”

Launched in 2004, the Deloitte Tax Championship is a pivotal initiative of the Deloitte 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.