Webinar: Opportunities with tax administration digitalisation in China
International Tax Review is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Webinar: Opportunities with tax administration digitalisation in China

Sponsored by

sponsored-firms-kpmg.png
The live webinar will take place on May 27 - register now

ITR and KPMG China will host a webinar on May 27 to discuss insights on China e-invoice and tax digitalisation developments, and consider how to get ready for the resulting business transformation.

 



  Register here for ITR’s webinar on the opportunities with tax administration digitalisation in China.

In association with KPMG China, the live webinar will take place on May 27 at 10am BST (London time) / 5pm CST (Beijing time).

China started to pilot electronic tax invoices for B2C transactions as far back as 2013 and has made significant progress in the meantime.  Recently, China announced a nationwide rollout of electronic invoices to B2B transactions starting from 2021 and to be completed by 2025.  Therefore, electronic and paper invoices will circulate in parallel for the next three to four years.  

Electronic invoices are expected to create both cost saving opportunities for businesses through a reduction in manual invoicing processes, and allow businesses to accelerate the digital transformation of their business-finance-tax ecosystems.

In parallel, ever more large enterprises are digitalising their tax risk management. Enterprise tax digitalisation involves the integration of invoice management, tax compliance, tax management reporting and tax risk monitoring, and requires comprehensive tax knowledge and complex analytical procedures. 

In response to the needs of enterprises, KPMG has specially gathered experts in tax, management consulting, IT advisory and other aspects to set up a ‘tax transformation services’ team to support customers on their path to vastly improved tax risk management.

In this session, KPMG experts will share their insights on China e-invoice and tax digitalisation developments, and how to get ready for the resulting business transformation.

The 60-minute webinar will be moderated by ITR. The webinar will be followed by a Q&A session.

Register here for the webinar on May 27 2021.

 

Michael Li

599ab99e2e72451aaa297c7198f176f5

Head of tax technology

KPMG China

Firm profile

E: michael.y.li@kpmg.com

Starting from 2001, Michael Li has advised clients on taxation and business matters relating to the establishment of business entities in China, the on-going operation and restructuring of such business entities and the structuring of financing and equity vehicles to invest in businesses and projects in China.  Taxation issues include corporate tax, individual tax, indirect taxes such as VAT, business tax, as well as customs duties.

In the past five years, Michael has led the tax technology team in KPMG China and offers tech-enabled solutions to drive the tax performance of enterprises. His recent project experience includes solution development, implementation and tax managed services.

 

Maggie Mao

db85504f6ae34f929f061948afef470a

Head of tax managed service

KPMG China

Firm profile

E: maggie.y.mao@kpmg.com

Maggie Mao started her career in KPMG Shanghai in 2000. She specialises in financial service, real estate and investment funds, provides tax planning, business model optimisation and merger and acquisition (M&A) services. 

In 2013, Maggie joined GE as China tax director. She was responsible for all tax matters related to GE’s operations in China, including formulation of group strategies for tax compliance and risk management, optimisation of tax process and ERP systems. She was also responsible for the daily tax operation of over 50 legal entities in different businesses. She re-joined KPMG in 2019.

 

Nicole Zhang

b95eb9582cea49aa87b2cf486913c0e3

Tax partner

KPMG China

Firm profile

E: nicole.ll.zhang@kpmg.com

Nicole Zhang is a tax partner in KPMG China and is also the partner-in-charge for KPMG’s Hainan business. 

Nicole has over 14 years of experience in providing tax planning, corporate restructuring, due diligence, commercial and tax planning for business operations, tax-related forex management and other consulting services. She provides professional insights to both multinational and domestic enterprises in the area of corporate restructuring, listing, tax compliance review, and due diligence. She has been providing tax advisory services related to VAT reform since 2012. 

Nicole has abundant experience in the field of replacing business tax with a VAT on the real estate industry. She is familiar with the tax administration informatisation requirements for large holding group and real estate projects.

more across site & bottom lb ros

More from across our site

KPMG has exclusive access to the tool for three years in the UK, giving it an edge over ‘big four’ rivals
But the US tax agency’s advice is consistent with OECD guidance and shouldn’t surprise anyone, other experts tell ITR
A survey of more than 25,000 in-house counsel reveals that diversity initiatives are a high priority when choosing external counsel
The report is aimed at helping 'low-capacity countries', the OECD has claimed
The UK tax agency appears to be going after easier, lower value targets, one lawyer has claimed
Criminal experts have told ITR that the case of Ulf Johannemann emphasises the fine line between tax avoidance and tax evasion
The ATO workers were among nearly 57,000 people who were duped into claiming fake GST refunds, while Kuwait signed a double taxation treaty with the UAE
However, ICAP may not provide the legal certainty of an APA and tax authorities will have limited capacity, experts argue
ITR+ has launched the Talent Tracker, an interactive database that collates reported partner moves across the legal tax market
The tool is available to more than 2,000 PwC tax professionals and is designed to boost client service
Gift this article