Event Details

The 13th NPC Standing Committee concluded its fifth session on August 31st, 2018 and passed an amendment containing broad changes to the existing Individual Income Tax Law (IIT)《中华人民共和国个人所得税法》. The revised IIT law marks a significant milestone to PRC IIT system and will be partly implemented from this October and come fully into effect on January 1, 2019.


The amendment makes changes to 12 of the Law's 15 articles and adds 7 new articles, including:

  • New Tax Residence Rules
  • Tax Categories Consolidation
  • Adjusted Tax Rates and Brackets
  • Higher Minimum Thresholds
  • Special Expense Deductions
  • General Anti-Tax Avoidance Rules (GAAR)


The revised IIT law will bring significant challenges to the expatriates in China with global incomes and enterprises' human resources and financial departments who must cope with the change. From the expanded taxation scope of foreign individuals to the raising compliance risks of foreign enterprises, our member companies should be fully prepared for the upcoming changes.


The mission of AmCham China's Tax Forum is to increase transparency in dealing with tax issues with the Chinese government and to improve the US taxpayer's position on tax issues in China by pooling resources and information from chamber members and experts who follow developments in Chinese tax law and practice. The forum encourages the participation of members' officers, consultants, accountants, lawyers or others focused on or responsible for tax matters.


Agenda

9:30 AM - 10 AM
Registration and Networking
10 AM - 10:20 AM
Reform Highlights Introduction
10:20 AM - 10:40 AM
Address raising cost and increased obligations from the HR perspective
10:40 AM - 11 AM
The New Law in Practice: Case Study in IIT
11 AM - 11:40 AM
Group Discussion and Audience Q&A

Speakers

  • Johnny Choi (Partner at DLA Piper UK LLP Beijing Representative Office)

    Johnny Choi

    Partner at DLA Piper UK LLP Beijing Representative Office

    Johnny Choi supports multinational clients on all types of employment legal matters, including employee contracts, remuneration, data privacy, layoffs, employee IP infringements and ethical violations.

    Johnny regularly advises multinational clients at senior management level on employee disputes. He has successfully defended a number of global technology companies against IP theft by staff, and advised on related data privacy issues. He also supports various clients on highly contentious removal of company executives, and large-scale redundancies.

    Recently, Johnny has advised life science companies and airlines on investigations into serious employee misconduct or corruption. He also advises financial institutions and retail companies on the design and implementation of employee compensation and incentive schemes.

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  • Sen Liu (Partner at Beijing DHH Law Firm)

    Sen Liu

    Partner at Beijing DHH Law Firm

    Mr. Liu has been a partner at Beijing DHH Law Firm since 2012. Mr. Liu’s practice focuses on the fields of foreign investment enterprise in China (WFOE, JV), corporate law, tax law, labor law and mergers and acquisitions. Possessing rich practical experience and a strong theoretical knowledge of the law, Mr. Liu provides steady counsel to clients both domestic and international.

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  • Ines Liu (Assistant Manager at Dezan Shira & Associates)

    Ines Liu

    Assistant Manager at Dezan Shira & Associates

    Ines Liu is an Assistant Manager in Dezan Shira & Associates' Beijing office and a member of the International Business Advisory team. She advises clients on corporate structuring, taxation, China investments, and general accounting matters in China.

    Ines has extensive auditing & assurance service experience working with PwC and Deloitte and has managed investor relations for China based U.S. IPOs in Ogilvy Public Relations Worldwide. She previously practiced in specific areas of auditing, financial and corporate communications, and general accounting and management consulting.

    Ines has a Bachelor’s degree in economics and an MBA from Macquarie University Graduate School of Management in Australia.

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Tickets

AmCham Cardholder
Member Price RMB 150
Member Price (Pay at the door) RMB 200
Employee of Member Company
Standard Price RMB 250
Non-Members
Standard Price RMB 550
Live-Streaming Card-holding Member
Member Price RMB 150
Live-Streaming Employee of Member Company
Standard Price RMB 250
PREPAID EVENT ACCESS

Card-holding member ticket.

Member Price RMB 900
PREPAID EVENT ACCESS

Employees of member company

Standard Price RMB 1,100

Live Streaming

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Venue

naked Hub Sanlitun, Mandela Room

5F, Gate 5, Pacific Century Place, 2A Workers' Stadium North Road
工体北路甲2号,盈科中心5号门5层裸心社

Beijing, Chaoyang District, China

If you have any questions please contact Baojian Sui

Contact Organizer

+86 1085190862

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