China

30/F Bund Center

222 Yan An Road East

Shanghai 200002

PRC

Tel: +86 21 6141 1053

Email: ligao@deloitte.com.cn

Website: www.deloitte.com.cn

Liqun Gao leads Deloitte's indirect tax group in Eastern China. Since joining Deloitte in April 2000, Liqun has provided Chinese tax advisory and compliance services to many multinational clients.

Liqun has professional experience in areas including general PRC tax and regulatory advisory, tax aligned supply chain management, VAT and Customs issues in processing trade, the mitigation of export VAT refund costs, foreign exchange issues, and operations in special zones such as free trade zones, export processing zones and bonded logistics parks. She also assists clients with retail business, reviewing and restructuring discount programmes, and achieving tax efficiency. In addition, she provides indirect tax advisory services to multinational companies sourcing from China and exporting out of China to ensure tax compliance and minimisation of the tax burden in the supply chain.

From 2006 to 2007, Liqun was on secondment with the indirect tax group of Deloitte's London office. Liqun is a frequent speaker at various chambers of commerce and tax conferences. She leads China tax training programmes at institutions such as Fudan University, Shanghai University of Finance and Economics, and Beijing National Accounting Institute, and has also worked as a domestic expert with the National People's Congress and the Ministry of Finance helping to draft the new VAT Law. She was recognised as an indirect tax expert in the 2012 and 2013 editions of Indirect Tax Leaders.

Liqun has a master's degree in international law in Jilin University and a degree in Chinese and American studies from Johns Hopkins University – Nanjing University Centre.

She is a PRC certified public accountant, PRC lawyer and certified tax accountant, and fluent in English and Mandarin.

8th Floor, Prince's Building

10 Chater Road

Central, Hong Kong

Tel: +85 2 26857791

Email: lachlan.wolfers@kpmg.com

Website: www.kpmg.com.cn

Since July 2011, Lachlan Wolfers has been the leader of KPMG's Centre of Excellence for Indirect Taxes in China, and before that was the leader of KPMG's Indirect Taxes and Tax Controversy practices in Australia. He is now a member of KPMG's global leadership team for indirect taxes and is the leader for KPMG's Indirect Taxes practice for Asia-Pacific.

During his time at KPMG in Australia, Lachlan managed a substantial tax litigation practice, including conducting the first substantive GST case in Australia. He is also formerly a director of The Tax Institute, which is the most prestigious tax professional association in Australia. In this role, Lachlan was frequently invited to consult with the Australian Taxation Office and Commonwealth Treasury on tax issues. In Australia Lachlan also co-authored the leading textbook on capital gains tax, as well as authoring chapters for leading texts on income tax and GST.

In his current role, Lachlan is advising China's Ministry of Finance and State Administration of Taxation in relation to several new developments, including the VAT reforms and the proposed introduction of a system of advance rulings in China. Lachlan is applying his experiences and insights with the VAT reforms for clients in a wide range of sectors, especially multinational companies in the IT, financial services, insurance, real estate and construction and consulting sectors.

Lachlan is a noted speaker and media commentator on tax issues, both in Australia and China. He holds a masters of taxation with first class honours, together with combined economics and law degrees (also with honours), all from the University of Sydney.

26/F Teemtower

208 Tianhe Road

Guangzhou 510620

PRC

Tel: +86 20 2831 1212 (office); +86 755 3533 8083 (mobile)

Fax: +86 20 3888 0121

Email: jazhang@deloitte.com.cn

Website: www.deloitte.com.cn

Janet Zhang is a tax partner based in Southern China. Janet has more than 15 years of experience in business and tax advisory services with clients in various industries. She is the leader of the Indirect Tax and Customs service team in Southern China and a core team member of the Business Model Optimisation (BMO) service team.

Janet specialises in providing clients with Customs, VAT and other tax advisory and BMO services to facilitate communication and negotiation with the authorities in tax and Customs disputes. She has also assisted many enterprises in monitoring tax risks and resolving tax controversy issues. In addition, she has extensive experience in reviewing tax and Customs due diligence in M&A transactions as well as tax and Customs management in areas such as restructuring and initial public offerings (IPOs). Janet also offers clients solutions and planning ideas in response to the recent changes in VAT regulation and administration, such as the VAT reforms and export VAT refunds.

She holds a master's degree in accounting and is a certified public accountant in China.

8/F Deloitte Tower

The Towers

Oriental Plaza

1 East Chang An

Beijing

PRC

Tel: +86 10 85207512

Email: jchow@deloitte.com.cn

Website: www.deloitte.com.cn

Zhou Yi is Deloitte's Northern China Indirect Tax Services leader.

He is a PRC certified public accountant and also a PRC certified tax agent. He has extensive experience in advising multinational and domestic companies on indirect tax/Customs and international trade issues, such as Customs valuation, classification, processing trade relief, duty and VAT optimisation, and Customs and VAT compliance.

Zhou Yi has wide experience and expertise in the transfer pricing area and also in tax management in the context of indirect taxation. He has advised and assisted many companies with restructuring their import/export operations to achieve efficiency in logistics and optimise management of their Customs duty/VAT/consumption tax matters.

He has also helped many companies establish and develop internal control systems to ensure both efficiency and compliance. He is experienced in coordinating and negotiating with Customs and tax authorities, helping clients deal with Customs and tax authority challenges, and managing/mitigating the associated risks for companies.

Zhou Yi is a member of the PRC Bar. Before joining Deloitte Touche Tohmatsu, he worked in a law firm providing legal consultancy services related to international trade and investment to multinational and domestic companies.