Professional Insights on Royalty and Transfer Pricing

2:00 - 4:30 PM, Wednesday, June 03, 2015 - Training Room 5, Tower E2, Oriental Plaza

Recently, underpayment of import taxes related to royalties has been a focus during Customs routine supervision. A number of companies have been audited or inspected by local customs in the past few years. The amount of import taxes underpaid on royalty is generally huge, and can result in late payment surcharges or even penalties. This is an issue that can significantly impact a company. Moreover, as royalty and transfer pricing are closely related, it's important to analyze both.

In order to keep the companies updated with the relevant policies, AmCham China is hosting a seminar to discuss customs royalty and transfer pricing. We invite KPMG professionals to share their experiences and insights on the following topics:

1. Laws and regulations related to royalty issue from customs perspective

2. Key consideration from the perspective of customs administration

3. Case studies

4. Interaction between royalty and transfer pricing

5. Common issues and strategies in handling the customs challenges

Since the royalty issue impacts the company significantly, we suggest that management of company attend this seminar and discuss the topics with the speakers thoroughly.

Note: This event will be held in Chinese.

About the speakers:
Eric Zhou is a Partner at KPMG. He worked with China Customs for over nine years before joining KPMG China in 2004. Zhou is specialized in corporate tax advisory, transfer pricing and customs advisory/denfense services related to multinational enterprises as well as PRC domestic enterprises in industrial market and consumer market (in particular, including industry of automobile, pharmaceutical, equipment manufacturing, electric and electronics, chemical, energy and food and beverage).

Helen Han is Director of Trade and Customs at KPMG's Beijing office. Han worked for China Customs more than 10 years in various departments such as investigation Bureau and Post-Clearance-Audit Section in both GAC, Guangdong Sub-Administration and Huangpu customs. She also worked for local government and has overseas study experience for pursuing master degree of art in Paris before joining KPMG in China.

Speakers:
Eric Zhou, Partner, KPMG
Helen Han, Director, KPMG

Moderator: Yu Jiang, Co-chair of Custom and Trade Committee

Venue:
3rd Floor, Tower E2, Oriental Plaza, 1 East Chang An Revenue, Beijing, China
北京东长安街1号东方广场东2座3层(KPMG 北京办公室)

Program:
2:00pm-2:30pm - Registration
2:30pm-3:30pm - Presentations by Eric Zhou and Helen Han
3:30pm-4:00pm - Q&A

Registration:
Cardholding members advanced discounted online price: RMB 100
Cardholding members at the door: RMB 150
Non-cardholding employees of member companies: RMB 200

Special Registration Information:

This event will be conducted in Chinese.

AmCham China Events:
Events have limited seating so to ensure your attendance we encourage advance online registration and payment for ALL events. We cannot guarantee entry to anyone not registered in advance. All AmCham China events are in English unless stated otherwise. Please also be aware that the Member Advanced Price is only for members who register AND pay online prior to the closing date and time for this event. Members who do not register and pay online will be charged the At-The-Door price.

This event is off-the-record.

For more information, please contact: Breeze Wang, Tel: 010 8519 0852, Email: [email protected].

Cancellation Policy:
If you cannot attend an event for which you have registered, please cancel your registration no later than one business day prior to the event. If you fail to notify AmCham China of your cancellation in a timely fashion, you will be charged for event costs.

To cancel you can 1) call 8519-0828 and leave a voicemail message including your name, and event title and date, 2) email [email protected], or 3) cancel online if you registered for the event through the website. Thank you for your cooperation and helping AmCham China maintain the quality of its events.

Receipts:
Please note: Requests for official payment receipts for 2013 (fapiao) must be submitted to AmCham China before December 25, 2013. Requests made after that time will not be accommodated. Please contact [email protected].


Visit the original source and full text: The American Chamber of Commerce in the People's Republic of China