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In early 2010, a large state-owned enterprises acquired a power plant that was invested and operated by a company listed in Hong Kong Stock Exchange. Thestate-owned enterprise hired BDO Lixin Tax to provide tax consulting service. After performing a thorough research and investigation, BDO Lixin Tax was able to determine that the local tax authority would be able to recover 76 million RMB in tax payments from the state-owned enterprise due to the fact that post acquisitions, the power plant would lose its tax preferential status and would be required to repay certain tax preferences that it enjoyed as a foreign funded enterprise. After adapting BDO Lixin Tax’s corporate restructuring plan, this large state-owned enterprise successfully avoid the the potential repayment of the tax preferences.
In early 2010, a large state-owned enterprises acquired a power plant that was invested and operated by a company listed in Hong Kong Stock Exchange. Thestate-owned enterprise hired BDO Lixin Tax to provide tax consulting service. After performing a thorough research and investigation, BDO Lixin Tax was able to determine that the local tax authority would be able to recover 76 million RMB in tax payments from the state-owned enterprise due to the fact that post acquisitions, the power plant would lose its tax preferential status and would be required to repay certain tax preferences that it enjoyed as a foreign funded enterprise. After adapting BDO Lixin Tax’s corporate restructuring plan, this large state-owned enterprise successfully avoid the the potential repayment of the tax preferences.
In early 2010, a large state-owned enterprises acquired a power plant that was invested and operated by a company listed in Hong Kong Stock Exchange. Thestate-owned enterprise hired BDO Lixin Tax to provide tax consulting service. After performing a thorough research and investigation, BDO Lixin Tax was able to determine that the local tax authority would be able to recover 76 million RMB in tax payments from the state-owned enterprise due to the fact that post acquisitions, the power plant would lose its tax preferential status and would be required to repay certain tax preferences that it enjoyed as a foreign funded enterprise. After adapting BDO Lixin Tax’s corporate restructuring plan, this large state-owned enterprise successfully avoid the the potential repayment of the tax preferences.
In early 2010, a large state-owned enterprises acquired a power plant that was invested and operated by a company listed in Hong Kong Stock Exchange. Thestate-owned enterprise hired BDO Lixin Tax to provide tax consulting service. After performing a thorough research and investigation, BDO Lixin Tax was able to determine that the local tax authority would be able to recover 76 million RMB in tax payments from the state-owned enterprise due to the fact that post acquisitions, the power plant would lose its tax preferential status and would be required to repay certain tax preferences that it enjoyed as a foreign funded enterprise. After adapting BDO Lixin Tax’s corporate restructuring plan, this large state-owned enterprise successfully avoid the the potential repayment of the tax preferences.