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Registration Now Open for China VAT Webcast

February 12, 2014

To register for the webcast please visit: http://www.kpmginstitutes.com/taxwatch/events/taxation-in-china-vat-treatment-of-goods.aspx

What: Webcast

Who:  Hosted by KPMG, LLP; Robert Nihen, 201-307-8296 

When: March 6, 2014 at 11:00 EST

Also:  1 CPE credit will be available

Register:  At KPMG Institutes TaxWatch Events

Further Details:
China’s Ministry of Finance and State Administration of Taxation released Circular 106 last December, expanding its value-added tax (VAT) pilot program to additional industries. The circular also made significant updates to the VAT treatment of services related to the international transportation of goods. During the week of January 20, 2014, China provided further clarifications for freight forwarding agent companies in China with regard to Circular 106.

In light of the potential impact these changes may have on U.S. companies that are involved with international transportation business with China, KPMG LLP is pleased to invite you to a one-hour Webcast that will cover the latest information on China’s VAT reform with specific emphasis on the latest development of Circular 106 as it affects international carriers, shippers, and ocean transportation intermediaries. Commissioner William P. Doyle of the U.S. Federal Maritime Commission will open the Webcast to provide introductory remarks on the impact of Circular 106 on U.S. business. He will be joined by senior-level professionals from KPMG’s International member firms in China and the United States to discuss:

  • Overview of China VAT reform
  • China Business Tax/VAT development for international transportation industry
  • Circular 106 and the implications on U.S. business
  • Uncertainties and future development areas

Notice of the webcast was previously announced on February 4, 2014