International Tax Alert - March 2016 - Chinese Government Expands Implementation of VAT Reform Effective May 1, 2016

BDO USA

Description

BDO INTERNATIONAL TAX ALERT China/US Tax Desk 9. Evaluate the overall impact on annual financial statements and the audits of both statutory stand-alone and consolidated financial statements. 10. Discuss the detailed implementation plan with local tax advisors and leverage resources such as industry and tax experts to minimize transition and tax compliance costs. This alert has been prepared in consultation with BDO International member firms for general informational purposes only and should not be construed as tax advice. As such, you should consult your own tax advisor regarding your specific tax matters. The Tax Practice at BDO is among the largest tax advisory practices in the United States.

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The firm serves clients through 63 offices and over 450 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multinational clients through a global network of 1,408 offices in 154 countries. BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

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