KPMG's latest report on China's life science sector notes that the country is set to become a crucial player in the life science and healthcare industry. Within a decade it is expected to become a global leader in drug discovery and innovation.
This report makes a compelling read for any organisation that is either planning or implementing a cloud strategy, and provides some practical and actionable advice for enterprises and their executives.
The National People's Congress of China approved the 12th Five Year Plan (5YP) in March 2011, laying out the blueprint for the country's development from 2011 to 2015. As a major source of the country's fiscal revenue and a powerful tool for macroeconomic management, taxation is critical to the 12th 5YP. Based on the broad themes outlined in the 12th 5YP, the Chinese government is now formulating new tax policies.
These new tax measures will help China reach its goals of:
• Distributing wealth more equitably
• Encouraging domestic consumption
• Discouraging personal and business conducts not aligned with the 5YP such as excessive energy use and pollution
• Developing key regions such as Central and Western China
• Remodeling its economy, including providing support for the service sector
In this seminar, we will cast our mind forward and explore what the future holds for China tax policy against the backdrop of the 12th 5YP, especially in relation to foreign investors in China.
In particular, as far as China tax is concerned, we will cover:
• The New Tax Compliance Agreement Regime
• Future Development of General Anti-avoidance Rule (GAAR)
• Trends in M&A Tax Regulations
• VAT Reform
• Trends in Customs Regulations
• Introduction of Green Tax
• Property Tax Reform
• IIT Reform
Date & Time
Tuesday, 26 July9:30 a.m. - 12:00 p.m.
Conrad Hong Kong
Tuesday, 26 July 2:30 p.m. - 5:00 p.m.
Friday, 29 July 9:30 a.m. - 12:00 p.m.
JC Mandarin HotelShanghai
Friday, 29 July 2:30 p.m. - 5:00 p.m.
Tuesday, 2 August 9:30 a.m. - 12:00 hrs
Grand Hyatt HotelShenzhen
Wednesday, 3 August9:30 a.m. - 12:00 p.m.
Ritz Carlton Guangzhou
Tuesday, 9 August 9:30 a.m. - 12:00 p.m.
KPMG Office at Oriental Plaza Beijing
+86 (10) 8508 5071
- Please register before 22 July.
- Due to limited space, we are only able to accept two registrations per organisation - thank you for your understanding.
KPMG Advisory (China) Limited, a wholly foreign owned enterprise in China and KPMG Huazhen (Special General Partnership), a special general partnership in China, are member firms of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
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KPMG International Cooperative (“KPMG International”) is a Swiss entity. Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.