2018 KPMG China Annual Tax Update Conference | KPMG | CN
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2018 KPMG China Annual Tax Update Conference

This conference offers a unique opportunity to better understand the evolving China tax landscape...

27 November 2018 - 12 December 2018, 8:00 - 17:30, CST Beijing, China

2018 has been a landmark year in China taxation. This year has been marked by a shifting inbound and outbound investment landscape, trade issues with the US, major overhauls of domestic tax law and administration, and the ongoing rapid digitalisation of the economy. These are all impacting business planning considerations for foreign investors in China, as well as for Chinese multinational enterprises (MNEs) investing overseas. Keeping up with all of the latest developments is challenging, and the KPMG China Annual Tax Update Conference offers a unique opportunity to better understand the evolving China tax landscape and get insights on anticipated tax developments for 2019.

 

Landmark tax developments in 2018:

  • New Individual Income Tax Law
    The revamped individual income tax (IIT) law was released in 2018, and will be in full effect from January 2019. In parallel, September 2018 saw the commencement of tax information exchanges, between China and other jurisdictions, under the common reporting standard (CRS). High net worth individuals, as well as foreign nationals working in China and their employers, may see significant impact from the tax residence rule clarifications and the introduction of IIT general anti-avoidance rules, as supplemented with CRS data.  Much will hinge on the application of the new rules in practice; we will detail the implications and tax risk management considerations.
  • Outbound Investment and cross-border tax dispute resolution 
    The Chinese government continues to express support for ‘rational’, ‘well-ordered’ and ‘healthy’ outbound investment, particularly into ‘Belt and Road’ (BRI) jurisdictions. Efforts have been made to enhance foreign tax credits, facilitate the use of mutual agreement procedures and advance pricing agreements for greater certainty, streamline administrative controls on outbound investment, and drive greater investment-supportive collaboration amongst BRI countries. We outline the tax risks that Chinese enterprises face, and how best to mitigate them.
  • International tax, digital economy taxation and the US tax reform
    The tax context within which business operates cross-border, in and out of China, has evolved significantly in 2018.  As the US tax reform rule changes are supplemented with detailed guidance, enterprises are giving deeper consideration as to how they might structure their China and ASPAC operations going forward; this is happening against the backdrop of, and being influenced by, the China-US trade issues.  In parallel, the novel tax issues arising from digitalization, including the adoption of unilateral digital tax measures by numerous ASPAC countries, are raising increasingly pressing tax management questions for all enterprises, including China digital economy players expanding overseas.  At the same time, new 2018 guidance on accessing China tax treaty relief has led businesses to re-examine their cross-border arrangements.  We will examine the collective impact of these complex trends and developments. 
  • Trade and customs, and transfer pricing 
    The emergent China-US trade issues of 2018 have injected an unanticipated level of volatility and uncertainty into the business environment for companies operating import and export business cross-border with China.  It remains to be seen whether heightened tariffs and restrictions become a set feature of the global business landscape, and we explore the short and longer term implications for trade management and supply chains. At the same time, China’s recently updated transfer pricing rules continue to bed down, and arrangements for collection and exchange of country-by-country reporting information are progressively being put in place. With new tax authority systems and procedures for monitoring MNE transfer pricing arrangements meaning more effective enforcement, there is more call for taxpayers to engage proactively with the authorities, and we will explain how this can best be achieved.

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Agenda
Northern Region
Beijing 27 November (Tuesday) Putonghua RMB 700
Tianjin 4 December (Tuesday) Putonghua RMB 500
Qingdao 6 December (Thursday) Putonghua RMB 500
Shenyang 5 December (Wednesday) Putonghua RMB 500
Eastern & Western Regions
Shanghai 3 December (Monday) Putonghua RMB 700
Nanjing 6 December (Thursday) Putonghua RMB 500
Hangzhou 30 November (Friday) Putonghua RMB 500
Chengdu 6 December (Thursday) Putonghua RMB 500
Chongqing 5 December (Wednesday) Putonghua RMB 500
Southern Region
Guangzhou 29 November (Thursday) Putonghua RMB 700
Shenzhen 30 November (Friday) Putonghua RMB 700
Fuzhou 5 December (Wednesday) Putonghua RMB 500
Xiamen 6 December (Thursday) Putonghua RMB 500
Changsha 11 December (Tuesday) Putonghua Free
Haikou 12 December (Wednesday) Putonghua Free
Hong Kong
Hong Kong
11 December (Tuesday) Cantonese HKD 700
Hong Kong 12 December (Wednesday) English HKD 700
Guide

Contacts & Enquiries

Please click the relevant link below to view the detailed registration arrangements for a particular date and office.

City Contact person Telephone Number
Beijing Rolali Li
Echo Zhang
+86 10 8508 7547
+86 10 8508 7530
Tianjin Carina Lu +86 22 2329 6238 - 6135327
Qingdao Evelyn Wang
+86 532 8907 1673
Shenyang Jane Wang +86 24 3128 3958
Shanghai Yvonne Chen +86 21 2212 4212
Nanjing Angela Zhang +86 25 8691 2987
Hangzhou Becca Sheng +86 571 2806 1316
Chengdu Joni Zhang +86 28 8673 3930
Chongqing Joni Zhang +86 28 8673 3930
Guangzhou Sky Du +86 20 3813 8715
Shenzhen Kathy Chen +86 755 2547 3418
Xiamen Dina Jiang +86 592 2150 793
Fuzhou Dina Jiang +86 592 2150 793
Haikou Ashley Cai +86 20 3813 8720
Changsha Grace Tang +86 20 3813 8711
Hong Kong Noiz Chu +852 2140 2329