The 21st century is being labelled the “Asian century”, and Australian businesses are playing a critical role. Multinational organisations and their tax managers need to be mindful of both technical developments and cultural issues in managing indirect axes in Asia. This paper provides key indirect tax developments throughout the Asian region, as well as sharing some of his experiences in the culture of the way that indirect taxes are managed in Asia.
Lachlan Wolfers CTA
Lachlan is the leader of KPMG’s Indirect Tax practice
in China and a member of KPMG’s Global Indirect Taxes leadership
team. He was formerly a director of The Tax Institute, and leader of
KPMG’s Indirect Taxes and Tax Controversy practices in Australia
prior to his relocation to China in 2011. In his current role, Lachlan is
assisting multinational companies transition to VAT in China. He is a
frequent presenter and media commentator on VAT issues in China,
and is currently advising China’s Ministry of Finance and State
Administration of Taxation on several tax reforms, including VAT and
Advance Rulings. Current at 27 August 2012
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