China tax authorities have been continually strengthening anti-tax avoidance efforts and expanding areas of enforcement of anti-tax avoidance rules. Two new significant anti-tax avoidance rules have been rolled out and came into effect in 2015: “Measures for Administration of General Anti-tax Avoidance (for Trial Implementation)” and “Announcement of the State Administration of Taxation Concerning Matters Relating to Corporate Income Tax on Indirect Transfer of Properties by Non-tax Resident Enterprises”.
These new rules further regulate the activities of companies for tax-avoidance purposes. In addition, SAT has declared its determination in improving China’s international tax administration following the issuance of the first batch of BEPS action plan deliverables. So the question for the company leaders is: Are you ready for the new challenges on anti-tax avoidance?
First, Mr. Martin Ng, Managing Partner of WTS China, will provide his insights on these newly enforced rules, share his experiences and highlight cases in managing the tax-avoidance risks. Ms. Sophie Wei, Counsel at Taylor Wessing, will offer a legal perspective by analysing a few recent tax disputes cases, with a focus on critical legal aspects in tax planning, transactional legal documents preparation, application of law in tax disputes, legal remedies and limitations. Each presentations will be followed by a Q&A session.
Agenda
15:30-16:00 Registrations
16:00-16:10 Welcome Remarks, European Chamber
16:10-16:40 Presentation by Martin Ng, Managing Partner WTS China
16.40-17.00 Q&A, Open Discussion
17:00-17:30 Presentation by Sophie Wei, Counsel at Taylor Wessing
17:30-17:50 Q&A, Open Discussion
Speaker
Mr. Martin Ng, Managing Partner, WTS China
Martin Ng is the managing partner of WTS China. He has 25 years’ experience in professional service, with 4 years in management consultancy, and 21 years in China tax consultancy. He has been the tax advisor to many multinational companies and local enterprises.
Ms. Sophie Wei, Counsel at Taylor Wessing
Sophie is a Counsel in Taylor Wessing Shanghai. Sophie is a qualified PRC lawyer and CPA and has provided legal and tax advice for many MNCs in respect of M&A, restructuring, direct investment, cross-border employment, commercial transactions and tax controversies.