At a pivotal moment when China is pivoting to high-quality growth and corporate innovation, equity incentives have become the go-to lever for attracting talent, energising teams and boosting corporate value. *Equity Incentive and Tax Practice*—the first domestic guide to knit together the full “business–accounting–tax” chain—has just hit the shelves, plugging a long-standing market gap and giving companies a panoramic, step-by-step playbook.

The three editors-in-chief are household names in the field:

- Mr Zheng Peimin, Chairman of Shanghai Rongzheng Corporate Advisory (Group) Co., Ltd., the bell-wether firm that has advised thousands of listed companies;

- Ms Shan Xiaomei, Vice-chairman of ChungRui Tax Group;

- Prof Wang Zirong of the State Taxation Administration’s Tax Cadre College.

Between them they bring decades of front-line experience and a treasure-trove of real-world cases covering plan design, accounting and tax treatment.

Built around the “business–finance–tax” integration mantra, the book is structured in three parts:

Part I – Business Essentials

Demystifies stock options, restricted stock and other incentive tools, maps out design criteria and walks readers through the entire decision-making and implementation cycle.

Part II – Accounting for Share-Based Payments

Tackles the thorniest measurement issues—equity-settled vs. cash-settled plans, special scenarios, etc.—with case-driven guidance to keep financial statements both truthful and compliant.

Part III – Tax Rules & Risk Control 

Distils the disparate tax regimes for listed and non-listed companies, zeroes in on individual IIT deferral and corporate CIT deduction rules, and flags the traps that most often trigger audits.

Packed with distilled practice and targeted research, the book is set to become an indispensable desk reference for executives, HR professionals and tax advisers navigating the equity-incentive maze.