Events 2008 @ LehmanBrown.com

• Workshop on NEW Corporate Income Tax Law in China
  [9 Sep 2008, Tue]
  

The National's People's Congress of China has adopted a new Corporate Income Tax law (CIT Law) which became effective on January 1, 2008. The former foreign-invested enterprises and foreign enterprises (FIEs/FEs) and domestic-invested enterprises (DEs) income tax laws will be repealed. The new corporate income tax law standardise corporate tax at 25 percent will help level the playing field for foreign businesses and help China attract the industries it wants to develop.

All members are encouraged to attend this workshop to acquire a good understanding on this subject matter and its implications to your businesses.

Where :
SBF Seminar Room 2 (21st level, Keppel Towers, Singapore.)
When :
9 Sep 2008, Tue

Main Topics :

Background and overview of the new PRC corporate income tax ("CIT") law
- taxpayers;
- scope of charge;
- tax rates;
- major preferential tax treatments;
- expense deduction;
- group restructuring;
- withholding tax considerations;
- depreciation;
- anti-avoidance measures;
- transfer pricing updates.

Implications to foreign investors and tax planning opportunities

Relevant considerations for carrying on business in China

Speaker (Workshop Leader): Carl Poon (Tax Director)

About The Speaker (Workshop Leader)

Carl Poon is the PRC Tax Director with Lehman Brown. He has commenced his career in the Hong Kong and China tax services in the Big-4 international CPA firms since his graduation from the university. He has solid practical experience in PRC tax and business advisory services, in particular, the South China. He has been stationed in Guangzhou and Shenzhen for a number of years. Carl's service areas cover PRC corporate and individual income taxes, value-added tax, customs duty, foreign exchange, urban real estate tax, land appreciation tax etc. Carl has served as an editorial member of a tax journal "China Tax Intelligence" published by CCH. He has also served as a PRC Tax Advisor for Hong Kong Trade Development Council in providing PRC tax consultation to Hong Kong SMEs. Carl is a member of Hong Kong Institute of Certified Public Accountants and a fellow member of Association of Certified Chartered Accountants.