Baker & McKenzie has a China tax team of five partners and one special counsel. Experience in tax planning, M&A, transfer pricing and tax controversy has established the firm as one of the leading tax advisers in China.Richard Weisman has returned to ...
[more]
Baker & McKenzie has a China tax team of five partners and one special counsel. Experience in tax planning, M&A, transfer pricing and tax controversy has established the firm as one of the leading tax advisers in China.
Richard Weisman has returned to China from the US practice to strengthen the transfer pricing department. He will be focused on China outbound work and the transfer pricing implications for US multinationals operating in China.
Jon Eichelberger and Glenn DeSouza advised a client on its tax restructuring in China, including income tax, VAT and customs duty implications in connection with the restructuring of the bonded manufacturing model adopted by its factories in China. The project also involved transfer pricing planning in respect of the intra-group transactions involved in the bonded manufacturing activities.
Brendan Kelly conducted tax and legal analysis for the establishment of a Cayman Islands offshore limited partner (LP) fund designed to aggregate investors and target stakes in Chinese operating entities. The project was described as "particularly challenging" in light of the new Enterprise Income Tax Law, and issues relating to whether the LP fund, the general partner, its investment committee or any other elements of the structure would be managed and controlled in China, and so tax resident there.
[hide]