INVITATION ——In-depth Analysis of the newly amended PRC VAT and IIT Law and Relevant Policies

Recently there have been many changes in VAT and Individual Income Tax (“IIT”). Those changes would have great implications for individual and corporate taxpayers alike. For corporate taxpayers, the influence would be extended along the supply chains. In other words, not only the companies themselves would be affected, but also their suppliers and customers would be greatly influenced.

On the other hand, IIT also has great impact on individuals and their employers. Failure to comply on time would result in penalties and great inconvenience to taxpayers themselves and their employers.

18 April 2019 (Thursday) 

In this seminar, we would discuss the following topics:

  • What are the major changes in IIT Law and their implications for expatriates and their employers in China?
  • How the tax residencies of individuals (especially expatriates) be determined under the New IIT Law?
  • How expatriates be taxed on income other than salaries and wages (such as royalties, and manuscript income?)
  • How the IIT be computed for expatriates under different lengths of stay in China?
  • How members of senior management of Chinese companies be taxed under new IIT regime?
  • Is it possible to avoid penalties and late payment surcharges for IIT filings in 2018?
  • What are the main contents of VAT rate reduction?
  • What criteria we should fulfill in order to claim input VAT from passenger fares?
  • How do we claim super credit of 10% input VAT?

 

Date

18 April 2019 (Thursday) 

 

Time

2:30pm – 4:30pm

 

Venue

Mazars Shanghai Office (8th Floor, One Lujiazui, 68 Middle Yincheng Road, Shanghai) 

 

Language

Chinese 

 

Audience

Business owners, CEOs, CFOs, tax managers, tax directors and controllers

 

Event Fee

Free

 

Agenda

Registration     2:00pm – 2:30pm

IIT Discussion     2:30pm – 3:30pm

Tea Break     3:30pm – 3:40pm

VAT Discussion     3:40pm – 4:40pm

Q&A     4:40pm – 5:00pm

  

Registration 

Please send a registration email to Ms. Wang:claire.wang@mazars.cn And indicate your NAME – COMPANY – POSITION – MOBILE

 

About the speaker

Peter Law罗礼廉

Tax Partner, Mazars Shanghai 

Peter has over 20 years’ experience in providing tax and advisory services. His professional knowledge is well round and covers all aspects of PRC taxes that enterprises and individuals in China are facing. He is actively involved in structuring PRC and overseas cross border transactions such as performing PRC transfer pricing review between related parties, due diligence for mergers and acquisitions, and group restructuring exercises. Peter is a frequent speaker on China tax. 

 

Download the invitation letter for more details.