On December 6, 2019, from 18:30 to 21:00, the 24th academic lecture “Taxation of RMB and USD Private Equity Funds” at the Peking University Economic Law Forum was successfully held in (Leo) Koguan Building. Under the auspices of Prof. Ye Shan of PKULS, this lecture was delivered by Mr. Qian Jiangtao, a partner of PwC China Tax and Business Consulting Financial Services Industry. The lecture attracted students from PKULS, brother school law schools and tax workers to listen and exchange.　

This lecture focuses on the tax treatment of RMB private equity funds and USD offshore private equity funds. In the first part of the lecture, Mr. Qian Jiangtao pointed out that the ideal tax policy should meet the principles of “neutral taxation, fair tax burden”, and introduced in detail three different organizational forms such as company system, contract system and limited partnership The tax law rules and practical treatment points of private equity funds. At the end, a partnership fund dividend case vividly illustrates the possible tax differences caused by the choice of fund organization form. In the second part of the lecture, Mr. Qianjiang Tao introduced the common structure and tax risks of USD offshore private equity funds against the background of global tax source competition, as well as the differences in tax law rules for offshore private equity funds in different countries. The current comprehensive compliance trend of offshore private equity funds under the current global CRS policy.　　

Prof. Ye Shan made a concise summary of this lecture, and thought that Qian Jiangtao’s sharing was rich, and it was a great inspiration for tax law learners and practitioners.

In the final interactive quiz, the students focused on the topic and actively asked questions. The lively discussion atmosphere was warm and the lecturer carefully answered the students' questions. This lecture enabled students to have a deeper understanding of the tax treatment of RMB and USD private equity funds and gained a lot.

Translated by Rosie

Edited by Rosie