Article

A recap of Deloitte Tax Championship 2018

Deloitte Tax Championship 2018 came to a successful conclusion in the Grand Harbour Kowloon on 11th November. This year’s competition invited 71 universities in 32 cities of Great China Region and finally 56 universities joined the competition after successfully forming teams. Below is the list of the participating teams (listed in alphabetical order:

From the Chinese Mainland:

From Hong Kong, Macau and Taiwan:

Anhui Finance and Economics University

Nanjing University of Finance & Economics

Chun Yuan Christian University

Beijing Jiaotong University

Nankai University

Fu Jen Catholic University

Capital University of Economics & Business

Northeastern University

Hang Seng Management College

Central University of Finance & Economics

Ocean University of China

Hong Kong Shue Yan University

Chongqing University

Renmin University of China

Lingnan University

Dongbei University of Finance & Economics

Shandong University

Macau University of Science & Technology

East China University of Political Science and Law

Shanghai International Studies University

National Changhua University of Education

Guangdong University of Finance

Shanghai University of Finance & Economics

National Chengchi University

Guangdong University of Finance & Economics

Sichuan University

National Cheng Kung University

Guangdong University of Foreign Studies

Soochow University

National Taipei University

Harbin Institute of Technology

Southwestern University of Finance & Economics

National Taipei University of Business

Harbin University of Commerce

Sun Yat-sen University

National Taiwan University

Hebei University of Economics and Business

Tianjin University of Commerce

The Hong Kong Polytechnic University

Huazhong University of Science & Technology

Tianjin University of Finance & Economics

The Hong Kong University of Science & Technology

Hunan University

University of International Business & Economics

The University of Hong Kong

Jiangxi University of Finance & Economics

Wuhan University

University of Macau

Jilin University of Finance and Economics

Xiamen University

 

Jinan University

Yunnan University of Finance & Economics

 

Minjiang University

Zhejiang University

 

Nanjing Audit University

Zhongnan University of Economics & Law

 

 

The competition was divided into two phases: Phase I Regional competition and Phase II National competition. Phase I Regional competition was an online contest in multiple-choice format, focusing on PRC tax and relevant regulations, as well as testing students' English proficiency and logic capacity. Phase II National competition was live competition in case analysis format, to test the students' multi-disciplinary knowledge, understanding of cutting-edge technologies, and capabilities to apply what's learnt in practical problem-solving.

A total of 13 finalists including 9 highest-scoring teams from Mainland China, 2 top teams from Hong Kong S.A.R. and Macau S.A.R., and 2 top teams from Taiwan during the Phase I Regional Competition qualified for the Phase II National Competition.

The national competition was held in Hong Kong from 10th November to 11th November. In the evening of 9th November, 13 finalist teams were invited to a welcome dinner where they met tax professionals from Deloitte HK offices .On 10th November, Saturday of the semi-final competition, the 13 finalists went through the challenge of a simulated business case followed by a presentation in front of a panel of judges. The judges then ranked these teams according to their performances. On 11th November, Sunday of the final competition, the top 3 finalists underwent another round of presentation for a new simulated business case to decide the champion, 1st runner up, and 2nd runner up teams.

In the following championship award luncheon ceremony of November 11th, Deloitte China Tax Management National Partner Ms Eunice Kuo shared her insights with students and teachers on how intelligent innovation can help local businesses benefit amid even the most drastic changes in tax policy. Eunice said, "The Belt and Road Initiative and the Greater Bay Area present a vast array of opportunities. Alongside recently enhanced super tax deduction policies for cross-border contract R&D expenses and further deductions for small and medium-sized tech companies, they create optimal conditions for foreign investors, especially in the context of technology development. In response, we at Deloitte strive to empower our clients with integrated digital solutions across a wide range of business functions. We make nurturing tax talent a top priority by incorporating expert knowledge and advanced technology in our educational experience, so we can better prepare them to thrive in the digital present and future."

The top honor of the 2018 Deloitte Tax Championship went to National Chengchi University. The first runner-up was University of International Business & Economics and the second runner-up was Central University of Finance & Economics. The outstanding teams were Southwestern University of Finance & Economics, The University of Hong Kong, and Macau University of Science & Technology. The merit teams were Shandong University, Tianjin University of Commerce, Chun Yuan Christian University, Soochow University, Hebei University of Economics and Business, Nanjing Audit University, and Hunan University.

Photo Gallery

Video

Did you find this useful?