AICMIPAC General Meeting

Consumption Tax Task Force Report on 2013 Achievement and 2014 Work Plan

CT Task Force ChairApril 3rd, 2014, Shanghai

Table of Content

1. 2013 Accomplishment

2. 2014 Goals

3. 2014 Work Plans

1. 2013 Achievements

2013 Accomplishments

• Prepared the position paper on CT Tax issues together with two practical solutions in January and February 2013

• Face-to-face discussion with the Director of Consumption Tax Department of SAT in February, 2013

• Keep in contact with SAT afterwards• SAT’s Circular [2013] No.50 removed

consumption tax for the majority of liquid chemicals in October 2013

2014 Goal & Work Plan

Goal:1. Continue lobby efforts to bail out liquid chemicals that consumption tax is mistakenly imposed.2. Ensure that consumption tax is levied fairly on both domestic and imported taxable products.3. Clarify certification procedures for liquid chemicals to avoid consumption tax.

2. 2014 Goal

2014 Goal & Work Plan

Work Plan:1. Second position paper to SAT in April2. Actively follow the outcome3. Put an eye on other products that

might be subject to consumption tax in the future

3. 2014 Work Plan

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