Pictured: The Summer Academy was held in grand style

From July 3rd to July 8th, 2017, "The 4th China Tax Lawyers, Tax Agents and Tax Law Graduate Students Summer Academy(2017)" (hereinafter referred to as the "Summer Academy"), which was jointly organized by the Professional Committee of Taxation Law of the All-China Lawyers Association, the Education and Training Department of the China Certified Tax Agents Association, and the School of Civil and Commercial Economic Law of China University of Political Science and Law, and co-hosted by Beijing Hwuason Law Firm, Huashui Tax Agency, and the Center for Tax Law Studies of China University of Political Science and Law, was successfully held at the Auditorium of the Central Institute of Socialism in Beijing. After accepting applications nationwide, this year's "Summer Academy" received a wide response from law associations, tax associations, law firms, tax agencies, lawyers, tax agents, law school departments, tax law graduate students, enterprises, tax managers, tax authorities and tax officials from across the country. By the deadline for application on June 20th, the Organizing Committee had received applications from nearly 528 people in 30 provinces (cities), and the Organizing Committee set up a review panel to select the students based on the principles of fair competition, merit-based admission, and comprehensive balance. Finally, 180 students were admitted, including 75 lawyers, 75 tax agents, and 30 tax law graduate students. Due to limited venue space and quotas, many outstanding colleagues were not admitted. The background for this year's Summer Academy is that China is currently comprehensively deepening its fiscal and taxation system reforms, rapidly promoting the standardization and modernization of tax collection and inspection, actively promoting and participating in global tax governance, and urgently requiring a large number of highly skilled professional teams related to tax services to adapt to the new situation and mission of tax governance modernization and legalization. Therefore, this year's Summer Academy highlighted theoretical frontier knowledge and practical operation of typical business in its curriculum design, covering major and difficult issues in current tax system reforms while focusing on innovation and upgrading of tax-related services. It also paid high attention to the latest changes and adjustments in international tax fields.

At 8:30 a.m. on July 3, the Summer Academy held a short but grand opening ceremony. Mr. Liu Tianyong, Deputy Director and Secretary General of Finance and Taxation Law Committee of the National Lawyers Association and Director of Hwuason Law Firm, was entrusted by the National Lawyers Association and the China Taxation Association to be the moderator, Mr. Ma Guohua, Deputy Secretary General of the All-China Lawyers Association, Mr. Li Linjun, Executive Vice-President and Secretary General of the Association of Registered Taxation Practitioners of China, Prof. Liu Jianwen, President of the China Institute of Fiscal Law and Professor of the School of Law of Peking University, and Mr. Liu Jianwen, Vice-President of the China Institute of Fiscal Law, Mr. Shi Zhengwen, Director of China University of Political Science and Law Fiscal Law Research Center, attended the opening ceremony and delivered a speech.

Figure: Speech by Under-Secretary-General Ma Guohua

In his speech, Deputy Secretary-General Ma Guohua believed that since the First Summer Academy for Tax Lawyers was held in 2014, it has been successfully held for three times, and the social effect is obvious to all, with remarkable achievements, and more than 500 graduates have played a positive role in serving the economic and social development of various regions, optimizing the relationship between taxpayers and taxpayers, improving the tax compliance of enterprises, and implementing the strategy of ruling taxes according to law and ruling the country according to the law. The strategy of ruling taxes and the country according to law is playing a positive role in all aspects. In his opinion, this is closely related to the country's active "implementation of the principle of tax law", the process of reforming the fiscal and taxation system with great initiatives and the unprecedentedly active tax law service market, and at the same time, it is also indispensable to the concern and support of all sectors of the society, and more importantly, it is also indispensable to the great amount of work and unselfish dedication of the lecturing experts and leaders, and the staffs of the main organizers and contractors. In particular, Hwuason Law Firm and Mr. Liu Tianyong, as the initiator and main organizer of the Summer Academy, have devoted a lot of efforts and invested a lot in human resources and materials over the past three years, and have made outstanding contributions to the development of China's tax lawyer industry and the improvement of the quality of tax-related professional services. At the same time, he believes that the tax lawyers trained by the three Summer Academys are still far from the demand of the rapid development of tax-related professional services in different places. The National Lawyers Association decided to co-organize the Fourth Summer Academy again, with the main purpose of continuing to promote the development of tax-related business and the improvement of the business level of lawyers, to better promote the innovation and upgrading of tax-related professional services, and to serve the construction of the rule of law in taxation.

Picture: Mr. Li Linjun, Vice President, delivering a speech

Mr. Li Linjun, Vice President of the Association, firstly expressed his congratulations on the successful opening of the Fourth Summer Academy co-sponsored by the two associations. He congratulated the two associations for the successful opening of the Fourth Summer Academy and the accepted colleges; secondly, he expressed his thanks to the leaders and experts for coming to the opening ceremony and attaching great importance to the Summer Academy. Secondly, he expressed his "thanks" for the presence of leaders and experts at the opening ceremony and the importance attached to the Summer Academy, as well as the meticulous and fruitful organization work of the contractors, Hwuason Law Firm and Huatax Taxation Firm, in the past two months. He also thanked the organizers, Hwuason Law Firm and Huatax Taxation Firm, for the meticulous and effective organization work in the past two months. He believed that with the publication of the State Administration of Taxation's Measures for the Supervision of Tax-Related Professional Services (Trial), the tax-related professional services market has been further liberalized with it, especially to the lawyers' market, which can be promising for professional services and innovations in the tax-related services market. Finally, he hopes that the two tax-related professional forces can realize "interaction". Cross-border cooperation opens up a win-win space, and the communication and interaction between tax lawyers and tax agents can cause thinking, spark innovation, and promote the development of joint business.

Figure: Prof. Liu Jianwen's Speech

In his speech, Professor Liu Jianwen believes that modern society is an era of rule of law, and it is the era of the emergence of fiscal law, and the modernization of rule of law urgently needs the modernization of the fiscal system. The traditional fiscal law belongs to the category of economic law, and in recent years, under the efforts of all scholars, it has come out of a rationale of its own development. The long-term stability of the country needs institutional safeguards, the fiscal and taxation legal system in China at this stage also belongs to the short board in the construction of the legal system, the Third Plenary Session of the 18th Central Committee and the Fourth Plenary Session of the 18th Central Committee have constantly emphasized the principle of tax law, and the construction of fiscal and taxation legal system can be expected in the future. At the same time, the modern society is also an era of learning and continuing education, and the educational development of the fiscal and tax law can not be separated from the continuous learning of the university people. The progress of the rule of law needs new knowledge and new theories, and we would like to thank those who have quietly contributed to the great progress of the development of all of us.

Figure: Prof. Shi Zhengwen's Speech

Finally, Prof. Shi Zhengwen delivered a speech, in which he believed that the release of Circular No. 13 of the State Administration of Taxation (SAT) marked that tax-related professional services had entered a new period and a new era, and that it was the key to the establishment of a tax-related professional services system in the process of modernization of the national governance to match it. Secondly, in the past, people's understanding of tax-related professional services was biased, believing that lawyers could not engage in tax agency business, tax agents were not clear about their own positioning and professional requirements, and tax-related services were far away from those in developed countries. In his opinion, law, accounting and taxation cannot be "pieced together", their core is the professional service of tax law, and the ultimate goal of tax law is to promote the effective compliance of tax law. In his view, the summer academy, which brings together tax lawyers, tax agents and graduate students in tax law, and brings tax and law together, is an initiative of extraordinary significance.

Picture: Director Liu Tianyong presided over the opening ceremony

In his speech, Director Liu Tianyong firstly expressed his thanks to all the guests for their presence and wonderful speeches, and said that the Summer Academy was founded in 2014, and had been successfully held for three consecutive sessions in 2014, 2015 and 2016, and all parties in the society had given positive evaluations. The success of the fourth Summer Academy is undoubtedly a major event in the development of China's tax legal service industry, which is of great significance to the enhancement of the overall development level of the tax-related service industry as well as cross-border exchanges and unions, etc. He concluded by expressing his sincere wishes to all the participants. Finally, he wished all the participants a happy and fruitful 6-day study.

Pictured: Summer Academy Classroom

During the six-day course, leading experts from tax authorities, famous professors and scholars from famous universities and senior professionals from top law firms, accounting firms and tax firms at home and abroad made in-depth analyses and interpretations from theoretical and practical perspectives on the hot issues of tax-related services, such as tax reform, revision of the Tax Administration Law, camp reform, individual tax reform, tax inspection, tax dispute resolution, domestic and overseas mergers and acquisitions and reorganization, international taxation and the One Belt, One Road tax-related services. One Road Tax Service and other hot issues were analyzed and interpreted in depth from the aspects of theory and practice.

Picture: Li Linjun, Vice President of CTRA, gave a lecture

From 9:00-10:20 a.m. on July 3, Mr. Li Linjun, Executive Vice President and Secretary General of China Association of Registered Taxation Technicians (CARTT), gave a special lecture on the theme of "Interpretation of Measures for the Regulation of Tax-Related Professional Services (for Trial Implementation) and the Current Development Dynamics of Tax-Related Professional Services in China". First of all, Mr. Li interpreted the Measures in depth from "how to see", "what to see" and "what to do" in light of the whole process of the introduction of the Measures. Then he put forward his suggestions on the transformation and upgrading of the tax agent industry in the light of the aforementioned analysis. In his opinion, in the more open and competitive tax-related professional service market, tax firms should continue to work hard in several aspects, such as returning to the legal system, renewing the main business, full-range agency, tax consulting, actively segmenting the market and vigorously expanding the international business, so as to improve their competitiveness and survive and develop in the market competition.

Picture: Lecture by Deputy Director Jin Wanjun

From 10:30 a.m. to 12:00 p.m. on July 3, Jin Wanjun, Deputy Director General of the Department of Policies and Regulations of the State Administration of Taxation (SAT), gave a lecture on the topic of "Certain Issues of the Current Administration of Tax Authorities in accordance with the Law". Deputy Director Jin's lecture was high level, yet specific and vivid. He comprehensively analyzed the theme of the course from three major aspects. Firstly, tax enforcement problems are prominent, facing new situation and new requirements. In tax practice, the tax authorities have greater elasticity in discretionary power, and there are phenomena of arbitrary law enforcement, selective law enforcement, emotional law enforcement, etc. These are mainly due to the bias in the understanding of the connotation of the tax law by all the parties concerned, the existence of flaws in the tax legal system, and other comprehensive reasons. Tax authorities should be vigorously strengthening the construction of the rule of law in taxation, strengthening the basic construction of the enforcement level of tax law enforcement personnel, and only by continuously improving the business level of law enforcement personnel can the tax law be implemented; secondly, the construction of the rule of law in taxation is a key matter. These mainly include the implementation of the list system of authority and responsibility for tax enforcement, the improvement of the system of public lawyers, the establishment of the system of general counsel, the deepening of the reform of the tax administrative examination and approval system, the standardization of tax administrative discretion, and the strict management of the qualification of law enforcement, etc.; the third is the construction of the tax work norms. The third is the construction of tax work norms, which mainly involves tax service norms, tax collection and management norms, export tax rebate work norms, national tax and local tax cooperation norms, tax inspection norms and government procurement work norms.
 

Picture: Prof. Shi Zhengwen's lecture

From 1:30pm to 4:30pm on July 3, Prof. Shi Zhengwen, Director of the Research Center of Finance and Tax Law of China University of Political Science and Law, gave an in-depth lecture on the topic of "Analysis of Hot Issues in Revision of Tax Administration Law and Analysis of the Latest Difficult Tax Cases". Taking the tax case of a real estate company in Daqing as an entry point, Prof. Shi explained the law with cases, combining the determination of withholding agents for personal income tax, the application of approved levy, the taxable scope of land value-added tax and other tax issues into relevant cases, which greatly deepened the participants' understanding of the tax law. In addition, he focused on the hot issues in the much-anticipated Revised Draft Tax Administration Law (Draft for Public Opinion). He believed that "tax determination" is the core of a series of tax activities such as tax administration, tax inspection, tax collection, tax penalty, tax relief, etc., and in order to achieve this purpose, the joint efforts of many parties are needed. In addition, he commented on the hot issues of "tax preference", establishment of the prior ruling system and tax assessment system, improvement of the limitation system for the exercise of taxing power, tax interest and late payment system, tax penalty system, abolition of the tax relief pre-payment system, and made relevant suggestions for amendments.

Picture: Lecture by Deputy Director Zhang Ying

On July 4, 8:30-11:30 a.m., Zhang Ying, deputy director of the Department of Goods and Services Tax of the State Administration of Taxation (SAT), gave a special lecture on the topic of "Hot and Difficult Issues of Camp Reform and Increase".Since the full-scale Camp Reform and Increase in 2016, there are many tax documents issued, and Zhang, deputy director of the Department of Goods and Services Tax of the State Administration of Taxation (SAT), cut into the process of Camp Reform and Increase Reform in China and made an in-depth interpretation of several aspects such as taxpayers, the scope of taxation, the tax rate and the levy rate, the tax payable, the time of tax liability, the tax He also analyzed the common tax problems and solutions in practice for the transportation, construction, real estate and financial industries. Finally, he talked about the development trend of the future tax system. He also put forward his own insights, and the main trends include: simplifying and consolidating the VAT rate, realizing a single or fewer tax brackets, reducing the cost of collection and payment and the tax burden; improving the taxpayer classification and management system, and setting a higher VAT threshold; improving the export tax rebate (exemption) system, with zero tax rate used only for export; researching on the system of VAT tax credits and refunds and granting timely deductions for the input tax credits; reducing the exemptions as much as possible, and cleaning up and standardizing the tax preferential policies. tax preferential policies, etc.

Picture: Lawyer Cao Fuli giving a lecture

From 1:30pm to 4:30pm on July 4, Mr. Cao Fuli, a tax partner of Zeta Law Firm, gave a lecture on "Cross-border Mergers and Acquisitions and Restructuring Tax Planning Practice". As a senior international tax attorney, Mr. Cao started from the basic tax-related issues of asset transfer and equity transfer, and then from the basic modes involved in the above two types of direct and indirect transfers, as well as the relevant regulations of the State Administration of Taxation (SAT) concerning intermediary companies, and the tax treaties to which China has acceded, and then led to the "Announcement of the State Administration of Taxation on Several Issues Concerning the Indirect Transfer of Property Enterprise Income Tax of Non-resident Enterprises" issued by the SAT on February 3, 2015 Announcement of the State Administration of Taxation on Certain Issues Concerning Enterprise Income Tax on Indirect Transfer of Property by Non-Resident Enterprises (SAT Announcement No. 7 of 2015, hereinafter referred to as "Announcement No. 7") issued by SAT on February 3, 2015, highlights the key provisions of the Announcement. The key provisions of the Circular of the State Administration of Taxation on Strengthening the Administration of Enterprise Income Tax on Income from Equity Transfer by Non-resident Enterprises (Guo Shui Han [2009] No. 698, hereinafter referred to as "Circular No. 698"), SAT Announcement No. 7, etc., have been interpreted. He suggested that the Chinese enterprises to purchase overseas enterprises should be given the opportunity to make a decision on the purchase. He suggested that Chinese enterprises purchasing equity or assets from overseas enterprises should fully consider the selection of relevant transaction models, the establishment of corporate structure and tax structure, and the setting of tax-related provisions in conjunction with the aforesaid regulations.

Picture: Salon 1

On July 4, 6:00-9:00 pm, the Summer Academy held a special salon titled "Hot Issues of the Latest Tax Law Reform and Innovation of Tax-related Services".

Picture: Lecture by Mr. Wei Zhibiao

On July 5, 8:30-11:30 a.m., Mr. Wei Zhibiao, a partner of Hwuason Law Firm, gave a detailed lecture on the topic of "CRS Tax Planning Practice and Tax Lawyer Business Innovation". Mr. Wei comprehensively explained CRS and the new opportunities of tax-related business brought by it from three aspects. Firstly, the challenges and legal risks brought by CRS, which is essentially a global tax-related information sharing, with many parties involved, and realizes "automatic exchange" and comprehensive collection of tax-related information, which brings great tax-related legal risks to the global wealth management of HNWIs; and secondly, the innovation of tax lawyers' business. Tax lawyers have a natural advantage in dealing with tax planning, and they are more adept at arranging tax planning through contracts, and they can adhere to the bottom line of not violating the law, and they can comprehensively provide services for clients in four aspects, namely, the place of registration of financial accounts, planning of tax residency status, planning of investment structure and mode, and optimization of asset allocation. Finally, Mr. Wei introduced the CRS service product developed by Huatax with a recent case. The first step is to submit personal information online, the second step is to send a list of information to the client, the third step is the client's feedback of the list of information, the fourth step is to interview with the client, and the fifth step is to issue an advisory opinion.

Picture: Ms. Zhang Bo gave a lecture

On July 5, from 1:30pm to 4:30pm, Ms. Zhang Bo, Tax Partner of Deloitte & Touche, gave a lecture on the topic of "Tax Agreement Practice". Her lecture was mainly divided into the following aspects: (1) The theoretical basis of international tax treaties and the current situation in China. The role of tax treaties is mainly reflected in the following aspects: to promote the development of international trade and investment by reducing double taxation; to encourage international capital and labor mobility; to provide investors and traders with certainty in the tax system; to combat tax evasion through the mutual cooperation and exchange of information among different tax jurisdictions; to provide an information exchange mechanism for the tax authorities of different tax jurisdictions; to reduce the tax burden of different tax jurisdictions; and to provide a mechanism for the exchange of information among tax authorities of different tax jurisdictions. tax authorities; provide an information exchange mechanism for different tax jurisdictions; and reduce tax discrimination. (ii) Interpretation of the main provisions of international tax agreements. They are mainly divided into the scope of application and legal effect, permanent establishment and business income, employment and personal labor income, real estate income and gains, etc. (iii) Introduction to some BEPS action plans: There are 15 BEPS action plans in total, and the focal point and center of these 15 action plans are the 6th and 7th action plans. Action Plan No. 6: Preventing the improper granting of tax treaty benefits, and Action Plan No. 7: Preventing the artificial avoidance of the constitution of permanent establishments.

Picture: Lecture by Mr. Wang Qiang

On July 6, 8:30-11:30 a.m., Wang Qiang, a senior tax lawyer of Hwuason Law Firm, gave a lecture on the topic of "Latest Tax Dispute Settlement Practice Dynamics and Case Analysis". Mr. Wang introduced that this case is a real case of suspected false VAT invoices issued by an industrial group in Inner Mongolia, which was recently represented by Huatax. He explained the basic facts of the case, the crime and non-crime, and the compromise under the status quo of the case: He explained in depth from three aspects: "basic case", "crime and non-crime" and "compromise under the current situation of this case: false invoicing and tax evasion". The case focuses on the criminal laws and judicial interpretations of the crime of false invoicing, and on the basis of the three levels of legislative purpose, infringement of legal interests, and appropriateness of crime and punishment, further analyzes the defects in the constitutive elements of this case as the crime of falsely issuing invoices used for tax deduction and discusses the controversy involved in Article 205 of the Criminal Law. On the basis of the aforementioned factual summary and legal analysis, the communication process between the agent of this case and the procuratorate is further introduced, describing the comprehensive analytical judgment ability that should be possessed by a mature tax attorney in this process. In the end, the prosecutor's office prosecuted the transportation individual on the grounds that the group company had already withheld but failed to pay the individual income tax of the transportation individual, and prosecuted him for the crime of tax evasion with a more lenient penalty, thus achieving a more satisfactory representation.

Picture: Prof. Zhang Bin's Lecture

From 1:30-4:30pm on July 6, Zhang Bin, Director and Researcher of Taxation Research Office, Institute of Financial and Economic Strategy, Chinese Academy of Social Sciences, delivered a lecture titled Analysis of Current Hot Issues of Tax Reform. Prof. Zhang believes that for a long time, the reform of the fiscal and taxation system has been as part of the economic system reform, and at the Third Plenary Session of the 18th Central Committee, the reform of the fiscal and taxation system was raised to the height of an important aspect of the national governance system. Professor Zhang combed and analyzed the background of China's current tax reform as well as the reform ideas from a strategic height. He believes that a series of high level and overall planning has drawn a reasonable and feasible blueprint for the reform of China's fiscal and taxation system. After that, he also talked about the hot issues of China's current tax reform, mainly including the optimization of the tax system after the camp reform, the consumption tax reform, the resource tax reform, the environmental protection fee to tax, the property tax reform, the personal income tax reform, and the financial relationship between the central and local governments. Finally, Prof. Zhang made a detailed analysis of the problems and challenges in the rule of law in taxation and the path to promote the rule of law in taxation.

Pictured: Salon II

On July 6, 6:00-9:00pm, the Summer Academy held Salon II, with the theme of "Cross-border Expansion and Cooperation of Tax-related Professional Services".

Picture: Lecture by Deputy Director Tian Jingwen

From 8:30am to 11:30am on July 7, Mr. Tian Jingwen, Deputy Director of the Tax Administration Department of Beijing Municipal Bureau of Local Taxation, gave a lecture on the topic of "Latest Policies and Levy and Administration of Individual Income Tax". As a key tax reform in the 13th Five-Year Plan, Deputy Director Tian focused on seven hot issues and explained them in detail, which also solved the doubts in the minds of many participants. (I) Venture Capital Enterprises and Angel Investment. Explained the relevant policies of venture capital enterprises and angel investment, what is a start-up investment in science and technology enterprises and the conditions of limited partnership venture capital enterprises, etc.; (b) the relevant policies of commercial health insurance and commercial health insurance in compliance with the regulations; (c) equity incentives and technology shareholding. It mainly talked about the new policy on equity incentives for non-listed companies, deferred taxation for qualified domestic non-listed companies, and equity incentives for non-qualified non-listed companies; (iv) tax policy on capitalization, involving tax exemption, phased taxation, and one-time taxation; (v) differentiated taxation on dividends and dividends, and tax calculation method of dividends and dividends obtained before the release of restricted shares; (vi) investment in non-monetary assets, and the phasing of taxation (vii) individual equity transfer, the scope of application of Announcement No. 67, which behaviors belong to equity transfer behaviors, and which situations can be approved to transfer income and other aspects of detailed analysis.

Picture: Lecture by Mr. Dong Gang

From 1:30 to 4:30 pm on July 7, Mr. Dong Gang and Mr. Duan Tao, tax partners of King & Wood Mallesons Law Firm, gave lectures on the topic of "Tax-Related Risk Management Practice of Domestic Mergers and Acquisitions and Restructuring". Mr. Dong introduced that the transaction forms of restructuring include equity acquisition, asset acquisition, merger and demerger, others (change of legal form, debt restructuring, transfer of equity and assets, etc.), and that there are numerous issues to be considered in M&A and restructuring, mainly including how to reduce the tax cost and tax risk of M&A and restructuring transactions, how to create a flexible investment platform for capital increase or exit, and how to optimize the investment structure and the transaction method. Finally, the two lawyers gave a detailed explanation on the key points of planning in asset transactions, which mainly involved the exemption of value-added tax (VAT), enterprise income tax (EIT), land value-added tax (LVAT), deed tax (DTT), stamp duty (SDT), deferred tax payment, utilization of losses, differences in organizational forms, and local tax incentives.

Picture: Prof. Yuan Sengeng's lecture

From 8:30 to 11:30 a.m. on July 8, Yuan Sengeng, professor of the Party School of the State Administration of Taxation and part-time lawyer, gave a special lecture on the topic of "Tax Audit Situation and Response under the Background of the Full Online of "Jin San"". According to Professor Yuan, the Jin San system is of great significance to further standardize national tax enforcement, optimize tax services, and achieve the goal of tax administration reform to reduce the cost of collection and payment and the risk of law enforcement by tax authorities, and to improve taxpayers' compliance and satisfaction. Enterprises should have a correct attitude, use correct methods and pay attention to the problems that should be noted in each part of the audit when responding to the tax audit. Then, he introduced the important regulations and practical practices in case selection, inspection, trial and execution. He also analyzed the techniques of resolving tax-related disputes by combining with a specific case, mainly including "the conversion of an enterprise with approved levy into one with checking account levy in the course of inspection", "the approved tax as the basis of penalty", "the period of tax recovery He also discussed the issues such as "the change of authorized tax collection enterprises to checking account collection during audit", "the approved tax amount as the basis of penalty", "tax recovery period", "one matter not two penalties" and so on. Finally, he combined with specific cases, also put forward his own insights on Article 88 of the Tax Administration Law.

On July 8, 1:30-4:00pm, Ms. Xiaoyue Wang, Tax Partner of KPMG China, gave a lecture on "Latest International Tax Developments and Cases". Ms. Wang mainly focused on two aspects: overseas investment and international tax reform, major changes of tax reform and enterprises' response measures. In terms of overseas investment, she first talked about the challenges faced by overseas investment - market conditions, financial strength, and comprehensive strength, in which she gave a detailed explanation on the impact of BEPS action plan on cross-border investment and China's response. She introduced that the impact of BEPS on business operations is mainly reflected in three major areas affecting cross-border transactions: finance and legal affairs, operation and business, and taxation. In terms of the main changes and responses to the tax reform, she introduced the intra-group cross-border intangible assets business arrangements, information disclosure and dispute response. Finally, she gave three suggestions on how enterprises can cope with the international tax reform - to grasp the three major areas of finance and legal affairs, operation and business, and taxation.

At 4:00 pm on July 8, the course of "The 4th China Tax Lawyers, Tax Agents and Tax Law Graduate Students Summer Academy(2017)" was successfully concluded, followed by a short closing ceremony, where certificates of completion were issued to those who passed the assessment. The closing ceremony was presided over by Liu Tianyong, Deputy Director and Secretary General of the Finance and Taxation Committee of the All-China Lawyers Association and Director of Hwuason Law Firm, while Prof. Shi Zhengwen, Director of the Research Center of Finance and Taxation Law of China University of Political Science and Law, and Guan Yingjun, Deputy Director of the Education and Training Department of the China Association of Registered Taxation Technicians, delivered speeches respectively.

Picture: Certificate of Completion Awarded at the Completion Ceremony

In the closing ceremony, Mr. Liu Tianyong, Deputy Director and Secretary General of Finance and Taxation Committee of All-China Lawyers Association and Director of Hwuason Law Firm, suggested in his presiding speech that all the trainees should set up the concept of lifelong learning and bring the learning spirit of the Summer Academy to their future workplaces. The tax-related legal market is a market of competing professional ability, and it is hoped that the participants can apply what they have learned to their future legal services, and safeguard the fairness and justice of the law in the process of providing legal services.

Mr. Guan Yingjun, Deputy Director of Education and Training Department of China Association of Registered Taxation Technicians, pointed out in his speech that he was grateful to the teachers for their lectures and the students for their serious study, and to Huazhan and its organizers for their hard work behind the scene. Congratulations to the Summer Academy for its success and smooth completion of the students. I wish the organizers and contractors can make the summer academy better and better in the future, and provide a good platform for the exchanges and cooperation between practitioners of two major industries, namely, tax lawyers and tax agents.

Prof. Shi Zhengwen, Director of the Research Center of Finance and Taxation Law of China University of Political Science and Law, delivered an enthusiastic speech, and put forward his earnest hopes and wishes to all the participants. Prof. Shi Zhengwen pointed out that all the trainees have accomplished something extraordinary in the ordinary training, which is a kind of transcendence and will surely have a new understanding of taxation. The two associations and the University of Law have brought together two major industries and students for learning and exchange, which is to be visionary. The two industries have only cooperation but no competition in tax-related services, and their respective advantages are tax and law respectively. Both of them must move towards the road of combination in order to form core competitiveness in the tax-related service market. Prof. Shi earnestly hoped that all the students could work and practice like soldiers in the future. Prof. Shi earnestly hoped that all the participants would work and practice like soldiers in the future, and take the value and purpose of fairness and justice in tax law as the motto of their future careers, so as to promote the good governance of China's tax law and supervise the tax authorities to govern the tax in accordance with the law.

Photo: Group photo of the Summer Academy

The successful organization of the Summer Academy coincides with the eve of the 19th National Congress of the CPC, in which the state is comprehensively "implementing the principle of tax law", "strengthening legislation in key areas such as finance and taxation", and "establishing a tax system with scientific tax types, optimized structure, sound laws, standardized and fair regulations, and efficient tax administration". The country is comprehensively "implementing the principle of tax law", "strengthening legislation in key areas such as finance and taxation", and "establishing a tax system with scientific tax types, optimized structure, sound laws, fair regulations, and efficient levy and administration". The Summer Academy will continue to uphold the spirit of "pursuing excellence, taking responsibility, being pragmatic, independent and open", in order to train lawyers, tax agents and other key professionals for tax-related professional service organizations, to promote business complementarity and strategic cooperation between the two professions of tax lawyers and tax agents, and to promote business complementarity and strategic cooperation for tax law theories and theories. The spirit of "independent and open" is to train lawyers, tax agents and other backbone professional forces for tax-related professional service organizations, to promote business complementation and strategic cooperation between tax lawyers and tax agents, and to provide a high-level exchange platform for tax law theories and practice professionals as the pursuit of its own goals. Through the 6-day intensive training, the students not only updated their professional knowledge, but also enhanced their service value concepts, and once again conveyed to the country and the society 180 tax-related professional service backbone talents with the composite professional background of "tax + law". In the future, the Summer Academy will continue to focus on the development of tax-related professional services. In the future, the Summer Academy will continue to take the responsibility of improving the level of tax-related professional services of the country and society, actively promote cross-border exchanges and integration of tax-related services, promote the innovation and upgrading of tax-related services, and better serve the modern national governance, the construction of China under the rule of law and the strategy of opening up to the outside world.