Canada - China News, Member News

CanCham invites you to join the Individual Income Tax Reform Seminar on September 27th, 2021.

The year 2021 is the third year of the PRC Individual Income tax reform of the year 2019. Certain preferential tax policies for the three-year transitional period will be invalidated by end of this year. The new changes to income taxes regarding benefits such as annual performance bonuses can significantly impact company tax costs or expats directly. Many companies and expats are looking forward to understanding the implications and finding solutions.

At the same time, there still exists some valid preferential treatment on equity income as well as some new tax support for “high-quality talents” in specific areas, such as Lin Gang of Shanghai, the Greater Bay Area, and Hainan Province. Many companies and expats are looking forward to understanding how to utilize those policies to achieve tax efficiency.

This seminar will share the most updated regulations, practices, present tax planning opportunities, and provide other relevant information for companies and expats.

Speakers

Sherry Chen
Associate Director – Tax (Global Mobility Services and Private Client Services) 

Grant Thornton China

Experience
Sherry has more than 13 years experience in delivering services to many key clients including Private Client Services and Global Mobility Services.

Sector experience
Sherry’s primary professional experience includes but is not limited to 

• PRC Individual Income Tax (IIT) advisory and compliance services for domestic clients;
• PRC IIT consultation, compliance and advisory for global mobile group of people of MNCs.
• Equity plan and employee benefit trust design and implementation services for local enterprises, foreign exchange and tax consultation and compliance for global equity plans.
• Tax planning for high-net-worth individuals, e.g. in share transactions, M&A deals and enterprise restructuring.

Yvon RUSSON is founder and CEO of SONG Co .Ltd. a fiduciary company also engaged in M&A advisory with offices in Shanghai, Hong Kong and Paris. He is also Co Asian regional director of SFAI, who is the 16th international network of professional firms validated by IFAC (International Federation of accountants). His also co-director of a chaire in intercultural management at the College Poly technique International, based in Liege, and Associate expert on multicultural aspects in the process of decision making at LABDEC. He has previously worked for European and American MNCs at different levels from marketing to GM.

He holds several masters in different areas from business to management.

He works with Chinese group for M&A and business structuration in Europe. Among his customers some companies in alcohol, aerospace and digital industry.

Agenda

06:30 PM – 07:00 PM Registration

07:00 PM – 7:20 PM Part I

Tax and social security regulation change for expats

7:20 PM – 08:00 PM Part II 

Tax planning opportunities

1. Preferential tax treatment on equity income
2. Tax support in LinGang, Hainan, and the Greater Bay Area

08:00 PM – 08:15 PM Tea break

08:15 PM – 08:45 PM Part III

The effects of tax change regulations

08:45 PM – 09:00 PM Q&A

Venue:

Grant Thornton Office

45/F Raffle City, 268 Xizang Middle Road, Huangpu District,
Shanghai, China

Date: 

Monday, September 27, 2021

07:00pm – 09:00pm

Ticket:    

Member: 100 RMB

Non-Member: 200 RMB

Register Now