Cross Border Transactions:

Mastering the Management of Tax Planning and Transfer Pricing Seminar

This two day seminar will look at transfer pricing and customs issues, and analyse them from the compliance, risk management and planning perspectives. The seminar will dissect the interpretation of relevant tax laws as well as provide advice on how to plan in a manner which is both business oriented and legally compliant. Cross Border Transactions is essential to the effective financial management of your organisation.

With China’s entry into the WTO and the opening up of the market, more businesses have expanded their operations into China, taking advantage of lower production cost and tax incentives that are offered to foreign invested enterprises (FIEs). Cross border transactions, such as imports, the sale of goods, the provision of services, or the transfer of equipment between related companies in China are increasing.

Over 2002 we have seen a significant increase in the amount of tax reviews and investigations performed by tax authorities in various locations in the People’s Republic of China. Senior officials from the State Administration of Taxation have repeatedly mentioned the seriousness of tax compliance problems of high-earning enterprises. It seems that transfer pricing issues are at the center of the Chinese tax authorities’ attention. This makes transfer pricing an essential element in business and tax planning.

Speakers will include eminent officials from the State Administration of Taxation and the China Accounting Society.