Tax, Transfer Pricing, and Customs Regulation in China for the Cosmetics and Luxury Industry
Paris, France
30 November 2010
Hosted By: NERA Economic Consulting
Transfer Pricing in China: Economic Issues and Insights, Part II
NERA recently held a series of events in China and Europe demonstrating the transfer pricing capabilities of NERA in China. In Part II, NERA, along with law firm Salans and customs specialist Heliée, hosted this roundtable in Paris on 30 November 2010 to examine tax, transfer pricing, and customs regulations for luxury and cosmetics multinational companies operating in China. NERA Principal Sébastien Gonnet discussed recent transfer pricing developments from an economic persepective, and argued that a robust transfer pricing set-up is a prerequisite to launching any operations in China. Mr. Gonnet also highlighted the fact that, although multinational companies have several options in terms of transfer pricing structuring, not all options have the same legal, tax, or customs consequences. The roundtable also included representatives from the luxury and cosmetics industry, who contributed by sharing their experiences in China.
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