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US citizens living and working in China (as well as their employers) could see their China tax liability significantly increase in 2022 for three primary reasons:


1. With effect from January 1, 2022, China will likely end the tax-free status for certain benefits-in-kind which could significantly increase taxes for companies and individuals who will now be subject to taxes on tuition, housing, and other benefits.

2. In addition, the government will change the way that bonuses are treated by including bonuses in an employee's salary.

3. Finally, Shanghai has started requiring companies to pay for their employee's social security contributions.


These changes are expected to have a substantial impact on Chinese taxpayers (including US citizens) and are causing confusion within the business community. To help members gain a better understanding of these new rules, AmCham Shanghai has organized a briefing and panel discussion on the new tax law changes from 2:00 to 5:00 PM on November 29 at the AmCham Shanghai Conference Center. This discussion will be off-the-record.


The seminar will also include informational booths from HR experts.


1:30 Registration

2:00 Tax Committee Presentation and Q&A

3:00 Coffee Break

3:15 Panel Discussion with MNCs/corporates

4:15 Formal session ends/workshops begin

5:00 Event ends

Agenda

1:30 PM - 2:00 PM
Registration
2:00 PM - 3:00 PM
Tax Committee Presentation and Q&A
3:00 PM - 3:15 PM
Coffee Break
3:15 PM - 4:15 PM
Panel Discussion with MNCs/corporates
Moderator: David Allgaier, Chair, AmCham Shanghai Tax Committee
4:15 PM - 5:00 PM
Formal session ends/networking

Speakers

  • Michelle Zhou (Partner, People Services at KPMG China)

    Michelle Zhou

    Partner, People Services at KPMG China

    Michelle currently leads the KPMG People Services practice in the Eastern and Central China region, and has over fifteen years of experience in providing global mobility solutions to clients in China and overseas.

    Michelle has assisted multi-national clients across a broad spectrum of industries on immigration, personal income tax compliance and advisory services. In particular, she has experience in Australian, China and United States expatriation taxation, and has served on small, medium and large accounts during her career with KPMG to date.

    Michelle and her team have assisted clients with successfully completing the tax and foreign exchange registrations of equity based plans in China since the introduction of the relevant regulations in China. She has also actively participated in various projects assisting clients with design, implement and roll-out of employee incentive plans, including equity based compensation plans.

    Over the years, Michelle has undertaken speaking engagements at events held by the American Chamber of Commerce, Australian Chamber of Commerce, Canada Business Council and EU Chamber of Commerce to update their members on the latest regulatory developments and trends in Chinese individual income tax, as well as topics on remuneration packaging; equity based compensation structuring; and others. Michelle has also delivered lectures to students in the finance discipline of Fudan University on expatriation taxation.

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  • Kevin Zhu (Director, Global Employer Services of Deloitte China)

    Kevin Zhu

    Director, Global Employer Services of Deloitte China

    Kevin Zhu is the Director of Deloitte Shanghai. He has 16 years of professional firm experience as well as industry experience in human resource and tax areas. Kevin was the Asia Pacific Mobility Compensation & Tax Manager of a Fortune 500 automobile company before he joined Deloitte.

    Kevin has extensive experience in global mobility transformation, compensation and benefits planning and structuring for global mobility employees. He is also a tax specialist with deep knowledge in individual income tax in major countries of Asia Pacific, Europe as well as North America.

    Kevin has led large global mobility engagements for many multinational companies as well as China domestic companies and has provided wide scope of services covering individual income tax, social security, payroll, immigration and global mobility consulting. He is also experienced in strategic assignment planning, holistic review of international assignment compliance risk as well as process enhancement of global mobility management.

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  • David Allgaier (Partner, International Tax and M&A at Deloitte)

    David Allgaier

    Partner, International Tax and M&A at Deloitte

    David has a specific background and experience in US federal taxation. He has spent a majority of his career advising clients on matters related to investing into the United States (e.g., from China) including on matters related to capital structure/financing, holding company/withholding tax, profit repatriation and exit. David advises US-parented clients in relation to their overseas operations to ensure due consideration is given to the US tax implications associated with non-US transactions. David has advised a number of real estate clients on structuring, holding, and exit considerations related to investments in US real property. Based in Shanghai since 2008, David has over 20 years of client-serving experience, including more than 17 years serving private equity and other clients in Europe and Asia on US tax matters. David also currently services as the chairperson of the American Chamber of Commerce (Shanghai) Tax Committee.

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  • Silvia Gong (Global Mobility Lead, APAC & EMEA at General Motors)

    Silvia Gong

    Global Mobility Lead, APAC & EMEA at General Motors

    Over ten years experience in HR and global mobility consulting fields, experienced in different mobility areas, covers over 15 countries in APAC & EMEA.

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  • Elena Huang (International Mobility Expert at Covestro)

    Elena Huang

    International Mobility Expert at Covestro

    Elena currently serves at Covestro Regional Headquarter in Shanghai and she has over 15 years expereince in global mobility. She has extensive expereience of both internatoinal assignees and local hired foreigners on global compensation management, individual income tax compliance, immigration compliance, tax efficiency, social insurance solutions, offshore payment between LEs, permanent transfer, localiztion, etc. She is a expert on mobility and has the passion to continously drive mobility process excellence and the effectiveness of mobility related products.

    To focus on customer needs Elena has been working out some new product based on orginzation needs, such as tax effeciency program, rehire of foreign retires, internship hiring. Meanwhile she also palying an important role for international assignment digitalization journey. She is in the steering committee at E-AID (Assignment Initiation Digitalization) at Covestro and has been working on digitalization of international assignment initiation and IA reimbursement to continuously drive efficient mobility solutions.

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  • Maggie Zhang (HR Manager, Global Mobility & Executive Compensation at Goodyear Tire Management Company (Shanghai) Ltd.)

    Maggie Zhang

    HR Manager, Global Mobility & Executive Compensation at Goodyear Tire Management Company (Shanghai) Ltd.

    Maggie is responsible for managing the Global Mobility Program & Executive Compensation for Goodyear Asia Pacific region.

    Maggie has over 10 years of HR experiences in HR Business Partnering, Talent Management and Total Rewards. She has been with Goodyear for 14 years. Before joining Goodyear, she had a long career at Honeywell & U.S. Consulate Commercial Service.

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Tickets

A prepayment is required when choosing 'Standard Price'.

“标准票价”要求您在提交注册信息后即刻完成在线预付,若您希望在活动现场支付门票,请选择“现场票价”。
Member Ticket

Definition of a Member: You are personally registered as a member and hold a membership card.

Member Price Complimentary
Member Company Employee Ticket
Standard Price RMB 100
Door Price RMB 150
Non-Member Ticket
Standard Price RMB 250
Door Price RMB 300

Venue

AmCham Shanghai Conference Center (Xintiandi)

27F, Infinitus Tower

No.168 Hubin Road, Huangpu District
新天地湖滨路168号无限极大厦27楼

Shanghai, China

If you have any questions please contact Jenny Wang

Contact Organizer

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