Sales and commodity taxes are a significant source of revenue for Chinese governments. The imposition of such taxes can increase the cost of carrying on business. Understanding China's varied web of sales and commodity taxes, and developing an approach that maximizes profits while remaining in compliance with the law, frequently requires expert legal counsel.
Our Tax Group is recognized as a leader in helping clients manage even the most complex sales and commodity tax challenges. We provide clients with pragmatic advice on matters relating to customs duties, value added tax (VAT), and other taxes, such as gasoline, fuel and tobacco taxes.
We also help our clients minimize Chinese customs duties by providing advice on customs valuation, tariff classification and rules of origin matters. We apply our expertise in pursuing domestic trade remedies for domestic and foreign producers, exporters, importers and other interested parties relating to all aspects of anti-dumping, subsidy, countervailing and safeguard proceedings.
In all matters, we focus our efforts on providing timely, practical and commercially-oriented advice. Our lawyers work regularly with manufacturers, retailers, distributors, financial service companies, importers, exporters, and other industry players to review contracts and provide compliance and planning guidance.
We help our clients navigate the complex world of sales and commodity taxation by:
