Shielding Non-China Income
From the Expansive Enterprise Income Tax
***Plus: The Impact of IRS Contract Manufacturing Regs
for U.S. Operations in China***
CD of Teleconference with Q&A
Click here for program outline
Conducted on Thursday, August 7, 2008
Now available on CD
Sponsored by State Income Tax Monitor,
Tax Incentives Alert and Sales & Use Tax Monitor
Tax Teleconference Advisory Board
While opportunities for U.S. companies in the China market have never been greater, the tax planning challenges for business are equally substantial.
As of Jan. 1, 2008, China enacted a 25% enterprise income tax, under which China has considerable flexibility to bring a foreign company's worldwide income into its tax base. Associated rules and circulars could negate U.S. companies' assumptions that its income is safe from Chinese tax.
Meanwhile, the IRS has proposed much-awaited revisions to its contract manufacturing regs, which are a leading vehicle for American businesses entering the Chinese marketplace. Tax counsel must prepare to leverage the new exceptions and other key changes.
Listen as our panel of experienced tax advisors bottom-lines these and other recent developments affecting tax on doing business in China, helping you prepare to adjust your tax planning and transfer pricing strategies.
The panel included:
Peng Tao, Of Counsel, DLA Piper, New York. His practice focuses on tax and transfer pricing issues in China. He formerly worked in the People's Republic of China's Bureau of Legislative Affairs for five years and for two other international law firms.
Alan Granwell, Partner, DLA Piper, Washington, D.C. He has been practicing in international taxation, and more specifically tax planning and controversies, for more than 35 years. He formerly was an international tax counsel and director of the Treasury Department's Office of International Tax Affairs.
Melanie Chen, Managing Director for China Region Group, UHY Advisors, New York. She specializes in cross-border transactions in China, Hong Kong and Taiwan and advises U.S. companies on complex tax issues in the region. Previously, she worked for Deloitte Touche Tohmatsu in Shanghai and for a law firm in Beijing.
The panel gives you the benefit of their experience and analysis on these and other top tax priorities:
- Understanding crucial aspects of the enterprise income tax and the associated rules and circulars, so that your company can protect its income from taxation to the maximum possible.
- Identifying tax opportunities and pitfalls in the Chinese marketplace offered by the proposed U.S. contract manufacturing regs.
- Planning tax strategies to deal with anti-avoidance provisions and transfer pricing guidance from China.
TELECONFERENCE CD
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- Regular Price - $247 (plus $9.45 S&H)
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Self-study CPE is not offered on CD purchases.
CONTINUING LEGAL EDUCATION
CLE credit is available for an additional $65 each for attorneys seeking CLE credits for NY or CT.
Other states may grant CLE credits for listening to this CD - check with your state about applying for self-study credit on CD-listening.
Click here for program outline