Lawyer Gao Peng Wins the Only Individual Tax Rate and Minimum Tax Rate for Enterprises in China

2009 10/09
On October 6,2009,after 15 months of EU anti-dumping investigation on seamless steel pipes in China,the final decision was issued.The national uniform tax rate for responding companies in China is 27.2%,while the tax rate for non responding companies is 39.2%.Shandong Luxing Steel Pipe Co.,Ltd.,represented by Gao Peng,became the only company in the country that received a separate tax rate among the responding companies,with a tax rate of 17.7%,nearly 10%lower than the national tax rate.

In July 2008,the European Union filed an anti-dumping investigation against seamless steel pipes exported from China.Lu Xing and other domestic enterprises,Tianjin Seamless Steel Pipe,Hubei Xinye Steel,and Hengyang Valin Pipeline,were subject to sampling investigations by the European Union.The European Union is the largest market for Luxing's exports.In the face of sudden anti-dumping investigations,the company immediately hired Wang Lei,a lawyer from Gaopeng Institute,to actively,nervously and carefully participate in the entire response work.Over a period of more than a year,Lawyer Wang himself has visited the company for more than ten times to work on the ground,collecting a large amount of data and evidence,submitting detailed defense materials,and successfully completing on-site inspections.Finally,he has won the company the only independent tax rate and minimum tax rate in the country,maintaining the company's market share and export competitive advantage in Europe.The company has repeatedly expressed satisfaction and praise to Gaopeng Institute and Lawyer Wang.


(This article is translated by software translator for reference only.)