February 2005

Making a Global Connection

On January 20, 2005, Crawford, Smith & Swallow hosted an in-house tax seminar for twenty Chinese delegates from the Guangdong Local Taxation Bureau on behalf of PBB Global Logistics Inc., Corporate Travel. The seminar, presented by Chris Bodnar and Rob Steven, outlined the fundamentals of the Canadian taxation system, including tax policy and the audit and appeals process.

Crawford, Smith and Swallow was invited to present to the delegates as part of the group’s 10-day visit to Canada to become acquainted with the Canadian tax system and understand the disparities that exist from the Chinese tax system as a means of promoting commerce between the two countries.

With a domestic market of 1.3-billion people, a growing economy and commitment to large infrastructure spending, China presents increased opportunities and potential for North American traders.

PBB is a pioneer in providing hands-on sourcing assistance to businesses looking to access emerging markets. Their Access China program opens the door to a wide variety of business services specializing in the Chinese market, including market research, legal advice, insurance, financing and translation. The jewel in the crown of the Access China program is PBB's annual China: Trade Mission, which offers North American companies a unique opportunity to visit key commercial centers and participate in one-on-one meetings with carefully selected potential business partners.

Rob Steven, C.A., MAcc
Tax Associate, Crawford, Smith & Swallow, LLP

Readers are urged to consult their professional advisors prior to acting on the basis of material in this newsletter. If you have any questions regarding the content of this newsletter, please contact Crawford, Smith & Swallow. Copies of the newsletter in PDF format are available on our website.