Webinar: China's indirect tax changes - what to expect for the rest of 2021 and 2022

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

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

Webinar: China's indirect tax changes - what to expect for the rest of 2021 and 2022

Sponsored by

sponsored-firms-kpmg.png
The live webinar will take place on October 13 - register now

ITR and KPMG China hosted a webinar on October 13 to discuss the indirect tax challenges which lay ahead for businesses in China for 2021 and 2022.

 

 

Available on demand, watch the webinar which looks at the future of China's indirect tax regimes.

In association with KPMG China, the webinar took place on October 13 at 10am BST (London time) / 5pm CST (Beijing time).

2021 has been another challenging year for businesses, who continue their efforts to respond in an agile manner to the impacts of the pandemic and geopolitical changes. In parallel, many governments have taken the opportunity to introduce tax changes which would otherwise not be easy to implement during good economic times.

China has introduced many indirect tax changes in 2021 and it is understood that plans have been made to make further changes in 2022. 

This ITR webinar:

  • Provides a stock take of the Chinese indirect tax policy changes in 2021

  • Previews the Chinese indirect tax changes anticipated for 2022, including but not limited to impacts from the Chinese VAT Law and Consumption Tax Law legislative process

  • Discusses anticipated Chinese green taxes developments

The 60-minute webinar was moderated by ITR

Watch the webinar on demand here

 

Kenneth Leung

99f0442efc29487498ab1dee341f4554

Head of indirect taxes, Head of supply chain tax

KPMG China

Firm profile

T: +86 10 8553 3311 

E: ky.leung@kpmg.com

Kenneth Leung is the lead partner of KPMG China’s supply chain tax practice, which consists of 150 professionals working in Beijing, Qingdao, Tianjin, Shanghai, Guangzhou, Shenzhen and Hong Kong SAR.

Kenneth has extensive experience in advising companies on indirect tax (VAT, customs duty, trade compliance, consumption tax and green taxes), in particular, indirect tax-efficient supply chain as well as indirect tax cost and risk management. He has also been assisting businesses in formulating their indirect tax strategies, processes and planning ideas when making investments and operating internationally, and he has been assisting businesses in a variety of industry sectors (e.g. technology, life science, real estate, entertainment, financial services, oil and gas, telecommunication, transportation, advertising, automobile, food and agriculture and advance manufacturing).

Kenneth has been working closely with the Chinese government and has been one of the leading advisors to the indirect tax policy makers. He has been working with the National People’s Congress, People’s Bank of China, Ministry of Finance, State Taxation Administration and General Administration of Customs on VAT reform and other legislative projects relating to indirect taxes such as VAT law, consumption tax law, environmental protection tax law and Hainan free trade port law etc. In addition to working with the central government departments, he has also been advising local governments such as Shanghai and Beijing on the introduction of VAT pilot reform as well as local incentives to attract investment.

Kenneth also has extensive experience in assisting companies to design and implement digital solutions to manage their taxes. Technology projects led by him includes the setup of electronic invoicing platforms, design of global trade and customs management systems and implementation of bespoke indirect tax management systems for multiple jurisdictions.


more across site & shared bottom lb ros

More from across our site

Wim Wuyts, who had been head of the specialist tax network since 2017, is moving on to a new role with WTS’s Belgian member firm
MNEs are increasingly using algorithmic tools in TP. Sahasranshu Dash argues that data ethics should therefore plug directly into the TP design process
The Institute of Chartered Accountants in England and Wales also queried whether HMRC resources could be better spent scrutinising larger entities
Grant Thornton’s Austria tax head likens his practice to an escape room, shares his football coaching ambitions, and explains why tax is cool
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 EMEA Tax Awards
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2025 Asia-Pacific Tax Awards
The fates of pillars one and two hang in the balance after the US successfully threw its weight around in G7 and Canadian negotiations
Rafael Tena tells ITR about the ‘crazy’ Mexican market, ditching the hourly rate, and refusing to grow his fledgling firm in an ‘unstructured way’
It should be easy for advisers to be transparent about costs, Brown Rudnick partner Matthew Sharp said in response to exclusive ITR in-house data
The sprawling legislation phases out Joe Biden-era green tax incentives for businesses; in other news, the UK will reportedly maintain its DST despite US pressure
Gift this article