Mei Zhang

Partner

Beijing

+86 10 6535 5888

mei.zhang@dahuilawyers.com

Professional Highlights

Over 11 years practicing PRC tax law and US tax law, with a focus on tax planning for cross-border investments and local PRC investments

Known for deep understanding of the PRC tax law and providing solutions in line with PRC tax practices

Served as a long-term daily tax advisor for several multinational corporations’ PRC subsidiaries in connection with their PRC tax related matters

Biography

Mei is a Partner of DaHui Lawyers’ Tax team. She provides both PRC and US tax advisory services and tax compliance services to clients in industries ranging from finance through TMT to healthcare and life sciences. Mei’s PRC tax services cover tax advisory, tax filing and compliance services, tax planning, investment and business advisory, structuring for listed/unlisted companies, consulting on the establishment of legal entities, tax health checks and business management in the PRC under the global tax environment. Her US tax services cover US tax advisory services and US tax compliance.

Before joining DaHui Lawyers, Mei worked at Ernst & Young’s US financial service office tax service group in New York and its PRC international tax and transaction service group in Beijing for a combined total of 11 years.

Notable Representations

PRC Tax Services

  • Designed a sophisticated restructuring plan for a famous German multinational automobile company and its PRC JV and liaised with the PRC local tax bureaus to complete the restructuring with no additional tax cost, after which the overseas company could use Avoidance of Double Taxation Agreements (DTAs) for distributed dividends
  • Provided various tax services for a well-known US Sports Professional Association, including daily tax advisory services, tax compliance services, and internal restructuring services, particularly regarding the applicability of DTAs for overseas companies and representing overseas companies to obtain tax refunds from local tax bureaus
  • Provided tax analyses for a PRC investor’s US investment from both PRC tax and US tax perspectives, including identify the nature and tax implication of the derived income, challenging the existing US withholding rate and negotiating with the withholding agent to exempt the investment from the 30% US withholding tax
  • Provided overseas structure tax planning services for a number of large PRC foreign investment funds (as financial investors), covering the tax implications during investment stages, the holding stages and exit stages and local tax analyses for the specific projects, including the US, Hong Kong, Brazil, Peru, Belgium, Luxembourg, Singapore, Egypt, UAE, Germany and United Kingdom
  • Provided tax advisory services to a US listed company (i.e., large-scale biopharmaceutical company) on delisting from the US and designed the restructuring plan, assessed the potential PRC tax risks involved in the delisting plan, and provided comments and suggestions on tax clauses in relevant legal documents
  • Assisted a number of overseas financial institutions holding QFII or RQFII licenses to perform tax clearance on the income derived on their PRC investments, perform self-filing of underpaid CIT or VAT withholding tax and apply for the tax record filing forms for remittance of the realized investment income
  • Analyzed feasibility and PRC tax risk for serval large PRC financial institutions on the establishment of USD funds and RMB funds
  • Provided tax analysis for a well-known PRC insurance company on its overseas shares transfer, mainly including the tax implications on the various transfer plans and tax implications after the transactions
  • Provided tax advisory services for a well-known PRC insurance company, reviewing its investments in the US to identify unfulfilled US tax filing obligations, performing the US tax filing on its behalf and assisting to optimize the US investment
  • Provided PRC-controlled foreign-company-tax analysis for a famous investment fund and provide tax planning for its cross-border investment
  • Provided tax restructuring services for a well-known large PRC automobile company and its overseas subsidiary to meet the Hong Kong listing requirements
  • Provided various tax services for several well-known US multinational internet companies for 5 years, including tax advisory services, tax filing and compliance services, tax planning services and tax provision services
  • Provided permanent establishment analysis for a well-known US multinational internet company,including leading a team to conduct interviews with various departments, understanding the specific responsibilities and functions of each department and analyzing the specific facts to identify the risks of permanent establishment
  • Provided tax review comments on the tax-related clauses and identified the potential tax risks from the legal documents to be signed for various PRC clients
  • Prepared tax provision calculations for the PRC subsidiaries in audit reports of US listed and non-listed companies in accordance with ASC740 in US GAAP for various clients
  • Participated in the establishment of the CRS compliance system for a well-known PRC state bank, including the due diligence process for new customers, the due diligence process for existing customers, the design of the submission process, the relevant system reform proposals and form templates design
  • Prepared the W-8 BEN-E, W-8 IMY and W-8 BEN forms for several PRC funds

US Tax Services

  • Provided various tax compliance services for a number of large banks, such as Goldman Sachs Group (and its investment companies), Morgan Stanley, UBS AG, Bank of American, etc., including preparing calculation workpapers and the filing forms, such as Form 1120, Form 1065, schedule K-1, Form 8865, Form 8858, Form 5471 and Form 5472
  • Provided various tax compliance services for CAN Capital Inc, including preparing quarterly tax filings and payments, detailed annual filing calculation workpapers and annual proformas for its subsidiaries and consolidated tax returns (Form 1120), state and local tax returns for more than 40 jurisdictions for it and its subsidiaries and quarterly and annual tax provisions
  • Provided various tax compliance services for several New York branches of Brazil Bank (such as Banco Do Brazil, Banco do Itaú, etc.), including prepare the detailed annual filing calculation workpaper, quarterly tax return and payments, annual tax return (i.e., Form 1120F) and state and local tax returns
  • Prepared or reviewed annual and quarterly tax provisions under ASC 740, including tax provision calculation workpapers, FIN 48 reserves, calculation of DTA/DTLs and payable reconciliations, for the several large banks, such as Nord LB New York Branch, ICBC New York branch, BOC New York Branch, CACEIS (USA), Inc. Nomura Holdings, Inc and SMBC
  • Prepared individual tax compliance services for a number of high-net-worth individuals, including federal tax return filings (Form 1040) and state and local tax return filings
  • Represent a German bank to prepare the relevant documents for an IRS audit request and replied to IRS inquiries

Education

M.S. (State University of New York at Albany)

B.S. (Beijing Normal University)

Admissions

New York State Certified Public Accountant

Languages

Chinese

English

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