20 August 2009 (Thursday) The rapid growth of Asia over the last decade has inevitably created export and direct investment opportunities for companies based outside the region as well as growth in inter-regional and domestic market trade. Appropriate structuring of investments in the region can have a significant impact on the post tax profits generated by companies. Investment structures need to be sufficiently flexible to cope with changes in regulatory and tax frameworks in Asia as well as changes in commercial structures and requirements.
All companies seek to optimise the value chain associated with their investments into or within Asia. Best in class multinational companies will also have direct and indirect tax strategies that need to be fully aligned with its corporate strategy, business planning, operational footprint and regulatory requirements. Value chain transformation (VCT) covers all aspects of business operations to provide a structure that is fit for purpose, avoids duplication of functions, centralises decision making where possible and optimises post tax returns. This is not easily achieved and has led to operating structures involving the likes of toll manufacturers, contract manufacturers, commissionaires, limited risk distributors, business principles and shared service centers.
In this webcast, our professionals explained the tax and commercial aspects of successful VCT structures implemented by multinational companies in Asia. Our professionals used Asian case studies, with a focus on China operations, to explain VCT concepts in practical terms. They also provided comments on what has worked in practice from an operational and a tax perspective.
Archived webcast
This is a 1 hour audio webcast including a Q&A session.
Webcast link:
http://www.thomson-webcast.net/cn/dispatching/?event_id=f5c9d5b2a120c595b22f62ae5b565063&portal_id=274ef8bd8dba7e9502353ac94067c21d
| Speakers: |
Paul Cornelius, Partner, Corporate Tax, PwC Singapore Alan Yam, Partner, Corporate Tax, PwC Shanghai Jeff Yuan, Partner, Transfer Pricing, PwC Shanghai Peter Bartlett, Associate Director, Advisory Performance Improvement, PwC Singapore |
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