Indirect Tax in China by Sabrina Zhang


  • Title: Indirect Tax in China by Sabrina Zhang
  • Date: June 10th, 2014

Sabrina Zhang, our National Tax Partner in Beijing, will be speaking at the event, Bloomberg BNA’s China Legal, Tax, and Finance Update.

With the recent indirect tax reform beginning its implementation in China, businesses will have to revisit the indirect taxes in China in order to make the most out of the new regulations. The aim of this webinar will be to provide an update on reformed indirect tax system of China, its implications for foreign operations in China, and on-the-ground tips for how to apply for tax exemption for cross-border servicing activities.


The basic introduction and concept of indirect taxes and the tax environment in China with an emphasis on VAT.
The rationale for the recent VAT reform in China.
The key differences for businesses brought by the VAT tax reform, including tax burdens on business supply chain, manufacturing and services companies.
The implementation of the VAT taxes reform in China.
What VAT invoicing (fa-piao) system is, how it works and how fa-piao system affects the operation of a foreign-invested entity.
How VAT taxes are filed in China.
How to define VAT exemption and zero-rating VAT.
Applying and qualifying for VAT exemption for cross-border services.
Applying for zero-rating VAT and calculating export VAT refund.