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Portrait ofGilbert Shen

Gilbert Shen, CPA

Counsel
Head of Tax, CMS Hasche Sigle Shanghai Representative Office (Germany)

CMS, China
CMS Hasche Sigle Shanghai Representative Office (Germany)
3108 Plaza 66 Tower 2
1266 Nanjing Road West
Shanghai 200040
China
Languages Chinese, English

Gilbert Shen has been practicing in the tax area since 2006. He is particularly experienced in tax matters concerning the establishment of efficient holding structures, company mergers and restructurings, profit repatriation schemes, investment exit strategies, cross-border transactions and tax due diligences. Gilbert started his career with the tax department of a Big 4 accounting firm. 

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Relevant experience

  • A German equipment manufacturer on various tax issues including tax planning, permanent establishment and BT and IIT issues. 
  • A major European industrial group and its Chinese subsidiaries on various tax issues of the German group company and its Chinese subsidiaries.
  • A leading German automotive supplier on various tax issues such as payments of inter-company charges to Germany and group restructuring in China.
  • A leading European automotive company on various tax issues including enterprise restructuring, CIT, BT, VAT, IIT issues. 
  • One of the world’s largest private equity funds on its USD 600 million investment in one of the top 2 largest taxi APP in China. 
  • One of the largest real estate developers in Asia on a series of business operations and tax matters in relation to VAT reform. 
  • One of the world’s largest hotel management groups on a series of business operations and tax matters in relation to VAT reform. 
  • A leading US fund on the sale of its portfolio to one of the world’s largest chemical groups, including the USD 45 million indirect sale of the investment in China. 
  • A leading US fund on the acquisition of a potential investment in chemical industry up to USD 24 million. 
  • A leading US equipment manufacturer on the extraction plan of a USD 5 million annual cross-border profit from corporate tax and transfer pricing perspectives. 
  • An Asian PE fund on the acquisition of a famous roast food producer including the implementation of USD 35 million buyout deal.
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Memberships & Roles

  • CICPA member
  • CFA charter holder
  • Certified Tax Agent of China
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Education

  • Bachelor Degree in Economics, Shanghai Institute of Foreign Trade
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Expertise

07/04/2016
PRC VAT Reform Will Be Expanded to Cover All Industries
On 23 March 2016, the PRC Ministry of Finance (“MOF”) and the State Administration of Taxation (“SAT”) jointly issued the Notice of Overall Pilot Execution of Transforming Business Tax into Value-added...
29/04/2016
Chinese Tax Regulation Update - April 2016
Please read our analysis on the latest development in China Tax Regulation. The main areas are:SAT Announcement [2016] No. 14SAT Announcement [2016] No. 15SAT Announcement [2016] No. 16SAT Announcement...
26/05/2016
Chinese Tax Regulation Update - May 2016
Please read our analysis on the latest development in China Tax Regulation. The main areas are:SAT Announcement [2016] No. 23SAT Announcement [2016] No. 28SAT Announcement [2016] No. 29Please click the...

Feed

08/03/2024
Chinese Tax Regulation Update - February 2024
The latest development in China Tax Regulation mainly includes:SAT Decree No. 56Cai Shui [2024] No. 8Please click here to read the full article
08/03/2024
Chinese Tax Regulation Update - February 2024
The latest development in China Tax Regulation mainly includes:SAT Decree No. 56Cai Shui [2024] No. 8Please click here to read the full article
06/02/2024
Chinese Tax Regulation Update - January 2024
The latest development in China Tax Regulation mainly includes:Cai Guan Shui [2024] No. 1 jointly released by the Ministry of Finance (“MOF”), the General Administration of Customs (“GAC”) and...
05/02/2024
Chinese Tax Regulation Update - January 2024
The latest development in China Tax Regulation mainly includes:Cai Guan Shui [2024] No. 1 jointly released by the Ministry of Finance (“MOF”), the General Administration of Customs (“GAC”) and...
11/01/2024
2024 – Topics that may Concern You
In China, companies constantly have to deal with changes in regulations and new laws. This will also continue in 2024. Topics such as update to the PRC Company Law, adapting Joint Ventures in accordance...
09/01/2024
Chinese Tax Regulation Update - November and December 2023
The latest development in China Tax Regulation mainly in­cludes:An­nounce­ment [2023] No. 75 jointly released by the Ministry of Finance, the Ministry of Ecology and Environment (“MEE”), the Ministry...
09/01/2024
Chinese Tax Regulation Update - November and December 2023
The latest development in China Tax Regulation mainly in­cludes:An­nounce­ment [2023] No. 75 jointly released by the Ministry of Finance, the Ministry of Ecology and Environment (“MEE”), the Ministry...
20/11/2023
CMS Ranks in Nine Areas in Legal 500 Asia Pacific 2024 China Edition
We are pleased to announce that CMS continues to be ranked and recommended in nine areas in the Legal 500 Asia Pacific 2024 China edition. We continue to be recognised in the areas of Antitrust and Competition...
03/11/2023
China Tax Regulation Update - September & October 2023
03/11/2023 The latest development in China Tax Regulation mainly in­cludes:An­nounce­ment [2023] No. 43 jointly released by the Ministry of Finance (“MOF”) and the State Administration of Taxation (“SAT”)An­nounce­ment...
06/09/2023
Chinese Tax Regulation Update | August 2023
The State Administration of Taxation (“SAT”), together with other governmental authorities at central level, has promulgated a series of regulations that extend the validity period of various preferential...
05/09/2023
Chinese Tax Regulation Update | August 2023
The State Administration of Taxation (“SAT”), together with other governmental authorities at central level, has promulgated a series of regulations that extend the validity period of various preferential...
31/08/2023
Extension of Preferential Individual Income Tax Policies on Benefits Granted...
On August 18th, 2023, the PRC Ministry of Finance and the State Administration of Taxation jointly released Announcement No. 29 ("Announcement 29") and Announcement No. 30 ("Announcement 30") to further...