China Tax and Financial Planning Briefing New Edition

--Concord, MA. December 10, 2008. WorldTrade Executive, Inc. announces the publication of its new corporate report, China Tax and Financial Planning Briefing, Second Edition.

Tax and financial regulation can have an enormous impact on the profitability of a transaction. The newly-released China Briefing is designed to update corporate CFO’s and counsel on recent changes and practices concerning China’s tax and financial regulation. It contains case studies and analysis from leading practitioners.

Important topics include:

• Audits in China: How do they Differ?
• China’s New Thin Capitalization Rules
• Update on Current Tax Issues Facing the Foreign Banking Sector
• Managing Your Channel Under the PRC Antimonopoly Law
• The Five Biggest Mistakes People Make in Non-Disclosure Agreements with Chinese Firms
• M&A Transactions in China: Managing Legal Risks and Pitfalls
• China Strengthens Its Transfer Pricing Policies
• Building a Tax-Effective Supply Chain in China
• New Tax Law Provides Relief to Investors in Chinese Companies Owned through US Holding Corporations
• Selling Chinese Goods to the US via Canada
• China Strengthens Its Transfer Pricing Policies

Other important topics cover transfer pricing, finding tax efficient ways to operate a supply chain, complying with the PRC’s new M&A rules, staying on top of the new Anti-Monopoly Regulations, issues relating to China’s Company Law, and China’s VAT.
WorldTrade Executive specializes in providing reports and periodicals concerning tax and legal issues in international markets. Its products include a family of periodicals covering tax strategies used by leading corporations to manage international tax issues, with regional editions focusing on tax planning for companies in China, Asia, Europe, South America and Mexico. It also has special reports on tax issues in markets such as Japan, Viet Nam, Mexico, Brazil, and Russia, and reports on transfer pricing.

For more information or to sign up for a free international tax briefing go to http://www.wtexec.com/tax.html or contact Jay Stanley at 978-287-0301 or at 2250 Main St., Concord, MA. 01742.

What to Expect from US Trade Agenda

excerpt from International Finance & Treasury
published by WorldTrade Executive, Inc.

By Steven J. Mulder (Greenberg Traurig)

Among the many outcomes from November’s historic elections was the election of several new Members of Congress who ran on a so-called “fair trade” platform that critics argue amounts to little more than protectionist stances on economic and trade policies. Those candidates that successfully ran on the fair trade platform argued that the trade policies of the Bush Administration have failed to provide meaningful benefits for average working Americans. Whatever version one may believe, it is clear that the pro-free trade voices in Congress have been diminished as a result of the elections.

Given that, we are likely to see a period of inactivity on the trade front in the 111th Congress, at least for the pending free trade agreements concluded by the Bush Administration with Colombia, Panama and Korea. The real question is how will the incoming Obama Administration address trade issues and can it work with Congressional critics of trade to create a “new path” for U.S. trade policy going forward?

There are any number of creative ideas floating around Washington on how the new President and 111th Congress may fashion a new consensus on trade policy. Some of the leading ones are creation of new fast track trade negotiating authority that allows much greater congressional input; doing away altogether with comprehensive, country-specific free trade agreements and instead limit them to defined “sectorals” -- for example, a “services” agreement with Japan that would include financial, legal and insurance services trade, but avoid the highly controversial matter of opening Japan’s agricultural economy to U.S. producers. Others argue that free trade agreements should include the highest standards for labor and environmental protections. (It should be noted that the pending free trade agreements contain such protections, yet they still face bleak prospects in Congress).

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