Date: Friday, 23rd March
Time: 9:00am - 12:00am Chinese Session; 2:00pm - 5:00pm English Session
Cost: Free
Venue: Sheraton Chengdu Lido, 15 Section 1 REn Min Zhong Road, Ballroom 2, 3/F

Advanced Sign-up required!
Contact the BCCSWC at +86 (028) 86656917 to reserve your seat.

After years of discussion, the Standing Committee of the National People's Congress (NPC) in China has resolved to submit a draft law on unified corporate income tax for a vote at the next full session of the NPC during March 2007. The draft law will be discussed, debated and may be passed by the NPC.

Some of the changes to the corporate income tax legislation arising from the tax reform will significantly impact investors in China. But how prepared is your business to meet these challenges?
At this briefing, leading Tax professionals from KPMG in China and Hong Kong SAR will highlight important proposed or enacted changes in tax legislation particularly in those areas which will have
significant impact on investments in China. They will also provide insight on planning opportunities.
Those areas to be highlighted in the briefing will include but not limited to the following:
􀂃 unification of tax rates and deductions
􀂃 key changes in China's tax preferential policies, including the types of tax incentives available
after tax reform
􀂃 grandfathering treatment during the transitional period
􀂃 planning ideas to be considered to take advantage of the benefits of existing law during the
period prior to the effective date of the law

Source British Camber of Commerce South West China