Register here for ITR’s webinar on insight towards re-imagining the regional value chain for multinationals.
In association with KPMG China, the live webinar will take place on October 21 at 9am GMT / 10am BST / 5pm CST.
Multinational enterprises (MNEs) have had much to consider for their tax functions in 2020. Affected by the ever-changing business environment and the geopolitical landscape among major economies, MNEs are evaluating the adequacy of current value chain design. This includes re-assessing the potential risk of historical profit allocation, and re-shaping future business models to meet new market challenges and uplift operational and tax competitiveness. Their plans have continued to be affected by the development of BEPS 2.0 Actions Plan and interaction with digital transformation.
As China is the world’s second largest economy - and the host of key value drivers as an important marketplace for many MNEs - it has observed a trend of increasing business restructuring. MNEs have actively sought to re-align their China operations with their group’s value chain transformation.
In this webinar, Patrick Lu, partner of KPMG global transfer pricing services, will share his insights on how the macroeconomic and regulatory trends may impact the business strategy and operational model.
With his vast experience on assisting large MNEs on value chain tax-planning and the implementation of new business models, Patrick will shed light on how the management could further improve operational and tax efficiency via value chain re-imagination.
The 60-minute webinar will be moderated by ITR's Prin Shasiharan. The webinar will be followed by a Q&A session.
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