Import and export tax

Areas

The import and export taxes mainly cover the customs duty, import VAT and consumption tax, as well as the export VAT refund provisions. Since China’s accession to the WTO, although the average tax rate of customs duty continue to reduce, the customs duty amount still significantly increases due to the growth of the import trade of goods and the strengthening of the collection management. Meanwhile, many taxpayers engaging in import trade are imposed on administrative penalty, or even be held criminally responsible because of the lack of expertise of the relevant policies.

Given the specificity and importance of the import & import tax system, M&T Lawyers puts it as one of the core business since its foundation, and establish a professional import & export tax team in order to better serve the clients in the following aspects:

*Retained annual customs matter advisor;

*Comprehensive customs matter planning;

*Export VAT refund;

*Policies comparison and analysis to various special customs bonded zones;

*Map out the strategy of optimized cost control;

*Commodity classification;

*Custom valuation assistance;

*Advise in customs investigation defense strategy;

*Advise TP related issues.

Case Presentation

Provided tax compliance consulting services for export tax refund for a foreign trade enterprise in Xinjiang;

Provided dispute resolution solutions for a production enterprise involved in tax fraud risk in Hebei Province and assisted in completing the operation;

Provided consulting services and suggestions for the taxation and criminal risks involved in the import business of a company in Beijing;

Provided consulting services for tax inspection matters involved in export tax rebates of a state-owned enterprise in Jiangsu.

Professional Team

LIBIN WU

DIRECTOR OF A LAW FIRM,SENIOR PARTNER

M&T Lawyers Beijing Office

Perennial tax advisor, Tax preference, Tax dispute resolution, HNWI TAX, Transfer Pricing and Anti Tax Avoidance

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ZHIQUN SHI

SENIOR PARTNER,DIRECTOR OF RESEARCH CENTER

M&T Lawyers Beijing Office

Perennial tax advisor, Tax preference, Tax dispute resolution, HNWI TAX, Transfer Pricing and Anti Tax Avoidance

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BIYAO LI

LAWYER

M&T Lawyers Beijing Office

Real estate and construction, HNWI TAX, Transfer Pricing and Anti Tax Avoidance, Cross-border investment tax, Import and export tax

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