Seminar on Beijing VAT pilot program

Posted by hwuason2012 on September 27, 2012 under Seminars | Be the First to Comment

According to Cai Shui [2012] No.71 (Circular 71), the VAT pilot program would be rolled out to 8 cities/provinces progressively. The programme would be applied to the transport and 6 modern service industries. Beijing VAT pilot program started from September 1,2012.  On Setember 20, Liu Tianyong,a senior partner of Hwuason firm and Wei Zhibiao, a lawyer of Hwuason firm, were invited by Zhongguangcun Association to give a seminar on Beijing VAT pilot program.

The seminar mainly discussed 

(1) The latest VAT policy

(2) The valuation of the new rules

(3) The potential Impacts of the VAT reform

(4) The proposals for new tax strategies

Hwuason lawyers would like to inform its clients that in order to realize the maximization of benefit it would be better to maximize business profits at the lowest cost, particularly taking control with risks that associated with VAT invoice.




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