European Union Chamber of Commerce in China

Banking & Securities and Insurance Working Groups (Beijing)

Working Group Meeting - Potential Impact of VAT on the Financial Services Sector

Date: Thursday, 16^th January 2014, 8:30-10:00 AM

Location: European Chamber Beijing Office, Room C411A

                北京市朝阳区亮马桥路 50 号北京燕莎中心写字楼 C411A 室

 

Dear Working Group member,

 

We are pleased to invite you to join the next meeting of the Banking & Securities Working Group which will take place on Thursday, 16^th January, starting at 8:30AM.

 

At this meeting we will have the honour and pleasure to welcome Ms. Tracy H. Zhang, Partner, Tax, KPMG Advisory (China) Limited.

The Ministry of Finance (MOF) is working at full speed on the Value-Added Tax (VAT) reform that will hit the banking and insurance industry in the next years. At this meeting, Ms. Tracy H. Zhang will analyze the likely impacts of the proposed VAT reform on the financial services sector in China and, based on feedback provided by the Ministry of Finance (MoF), she will also examine the issues that they will need to consider in the transition to VAT,.

Draft agenda:

1.         Update on the Impacts of the Value Added Tax Reform on the Financial Services Industry by Ms. Tracy H. Zhang, Partner, KPMG Advisory (China) Limited

2.         Any other business

 

If you would like to join, please register with Mr. Xavier-Lluis Sans Powell at xsanspowell@europeanchamber.com.cn by COB Wednesday,  15^th January 2014. Please also feel free to suggest additional discussion points.

For more information on the Working Group, or the European Chamber in general, please contact Xavier Sans Powell in Beijing, xsanspowell@europeanchamber.com.cn or Felix Hamilton in Shanghai, fhamilton@europeanchamber.com.cn

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