美国跨国企业在华投资国际税务及间接税务筹划

US MNC direct and indirect tax planning initiatives for investments in China Tax US MNC tax planning initiatives for investments in China I. China business trust Holding companya. Central entrepreneurb. Sourcing arrangementsc. Recent structural considerationsd. Transfer pricingi. Permanent establishment exposureii. Trustee taxationiii. III. Business model planning Debt structuring and licensing opportunitiesa. Transfer pricing model reviewb. Migration from risk bearing operations to limited risk modelsc. High-tech service outsourcingd. Assess/minimise permanent establishment exposurese. IV. Efficient treasury planning China holding company - subpart F and China withholding taxa. Offshore holding company - tax treaty assessmentb. Minimise income and business tax related to offshore service c. payments V. Offshore equity transfers Direct transfer tax consequencesa. Indirect transfer tax consequencesb. Reporting requirementsc. Evaluation of retroactive impact of Circular 698d. VI. Tax return and transfer pricing compliance Tax return and disclosure preparation or reviewa. Transfer pricing compliance - PRCb. Hong Kong transfer pricing/tax treaty managementc. II. Legal entity restructuring opportunities Effective tax rate efficiency (e.g. un-benefitted tax losses)a. Eliminate intercompany transactions that are subject to business taxb. Disregarded entity E&P step-up transactionsc. US MNC indirect tax planning initiatives for investments in China I. Processing Trade Relief (“PTR”) Use PTR to avoid payment of Customs Duty and VAT on goods a. imported Choose appropriate form of PTR where the benefits differb. Ensure compliance in PTR to maximise companies’ benefitsc. II. Choosing the right bonded facility Utilise Export Processing Zonesa. Understand the difference between Export Processing Zones and Free b. Trade Zones Utilise Bonded Logistics Parks and other bonded facilitiesc. V. Business Tax (“BT”) Claim back the BT - there is a window of opportunity to claim back a. the 5% BT withheld on services purchased during 2008 where the service contract was signed prior to 1 January 2009 Explore the BT incentives (e.g. BT exemption for the transfer of b. technology) Reduce service charges to eliminate BT costsc. III. Assign the appropriate customs classification code Use the correct classification code to reduce duty costs, increase a. Export VAT refund rate Understand China’s catalogue system to minimise costsb. Understand the Customs controlsc. IV. Unbundling - focus on royalty payments Stripping out costs to reduce the dutiable value a. Consideration of the royalty payments to overseas to reduce import b. base VI. Export VAT refund Know the export VAT costa. Know the supply chain and re-examine options to save the cost b. Contacts If you have any queries, please contact one of our professionals: International and M&A Tax Leonard Khaw Partner Service Line Leader Tel: +86 21 6141 1498 Email: lkhaw@deloitte.com.cn Alan Tsoi Partner Service Line Associate Leader Tel: +852 2852 6600 Email: atsoi@deloitte.com.hk Aaron Grundman US Tax Desk Tel: +86 21 6141 1490 Email: agrundman@deloitte.com.cn Northern China Andrew Zhu Partner Tel: +86 10 8520 7508 Email: andzhu@deloitte.com.cn Eastern China Vicky Wang Partner Tel: +86 21 6141 1035 Email: vicwang@deloitte.com.cn Southern China Sharon Lam Partner Tel: +852 2852 6536 Email: shalam@deloitte.com.hk Indirect Tax Sarah Chin Partner Service Line Leader Tel: +86 21 6141 1218 Email: sachin@deloitte.com.cn Northern China Andrew Zhu Partner Tel: +86 10 8520 7508 Email: andzhu@deloitte.com.cn Eastern China Li-Qun Gao Partner Tel: +86 21 6141 1053 Email: ligao@deloitte.com.cn Southern China Jim Chung Partner Tel: +86 755 8246 3255 Ext.8033 Email: jichung@deloitte.com.cn Transfer Pricing Ryan Chang Partner Service Line Leader Tel: +852 2852 6768 Email: ryanchang@deloitte.com.hk Northern China Brett Norwood Transfer Pricing Economist Tel: +86 10 8512 5414 Email: bnorwood@deloitte.com.cn Eastern China Wei Shu Partner Tel: +86 21 6141 1036 Email: wshu@deloitte.com.cn Southern China - Chinese Mainland Lawrence Cheung Partner Tel: +852 2852 6633 Email: lacheung@deloitte.com.hk Southern China - Hong Kong SAR Philip Wong Partner Tel: +852 2852 1004 Email: phiwong@deloitte.com.hk For further information, visit our website at www.deloitte.com/cn Beijing Deloitte Touche Tohmatsu CPA Ltd. 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