Seminars / Events

Loading Events

« Event Calendar

  • This event has passed.

20230412 The Inland Revenue Department’s eTAX Journey

Share:
Programme Code:
20230412
Date:
12 April 2023 (Wednesday)
Time:
6:30 pm - 7:30 pm
Speakers:

Ms Emily Chak, Tax Partner, PwC Hong Kong

Mr Desmond Wong, Council Member, TIHK

Mr Henry Leung, Director, PwC Hong Kong

Language:
Cantonese
Venue:
TIHK Office, 21/F, Kam Sang Building, 255-257 Des Voeux Road Central, Hong Kong
Proficiency Level:
Intermediate Level
Fee:
$100 – $150
CPD Hours:
1
Seat:
100
Event Categories:
,
Application Form:
20230412 Enrollment Form

Description

The Inland Revenue Department (IRD) has been working at full steam to take forward a project on electronic filing (e-filing) of profits tax returns which will be implemented by two phases. In the first phase, the existing eTAX Portal will be enhanced by 2023, to enable more businesses to voluntarily e-file profits tax returns, together with their financial statements and tax computations in inline eXtensible Business Reporting Language (iXBRL) format.

In the second phase, a new Business Tax Portal will be rolled-out by 2025 to replace the existing eTAX Portal and facilitate e-filing of profits tax returns by businesses.

The IRD launched two rounds of consultation in 2021. In March 2022, as part of its consultation, the IRD uploaded the preliminary edition of the IRD Taxonomy Package onto its website to support voluntary e-filing of Profits Tax returns with iXBRL data files through the IRD’s eTAX Portal. Taking this opportunity, the speakers are going to give us the seminar on the impacts of new e-filing requirements and questions raised by TIHK members aMsnd relevant stakeholders.

Speaker Profile

Emily is a Tax Partner of PwC Hong Kong with extensive experience in providing corporate tax and business advisory services, serving both public sector clients and commercial clients in Hong Kong and overseas. She has led numerous cross-border corporate restructuring, mergers and acquisition projects and regional advisory projects such as development of digital solutions, commercial set-up and facilitation for overseas investments, etc. Emily actively takes part in public speaking engagements for business associations or professional bodies in Hong Kong and China. Emily is a Fellow of the Association of Chartered Certified Accountants, and a Fellow of The Taxation Institute of Hong Kong. Emily serves as a committee member of the Taxation Committee, and the Shipping & Transport Committee for the Hong Kong General Chamber of Commerce.

Desmond joined PwC in 2007 and is a Partner of PwC Hong Kong’s corporate tax practice. He is a core tax member in the technology, media and telecommunications (TMT) sector. He also advised a number of large multinational clients in consumer market and industrial product sectors.

In 2012, Desmond was sent to PwC US on a three-year secondment programme, during which he worked in the Los Angeles and Atlanta offices respectively. He was involved in US tax accounting work as well as international tax projects.

Henry Leung is a Director leading the technology practice in Tax Reporting and Strategy. He has more than 20 years of IT experiences covering software development, business analysis, solution design and project management. He helps clients in digitally transforming their business through designing technology roadmap, implementing self-services automation solution and digital upskilling program. He also leads the implementation of Pillar 2 analytics and explores ESG reporting automation for clients in Hong Kong and Singapore.

Henry specializes in project management, process improvement and solution implementation.

Henry holds a Master Degree in Business Administration and Management of Technology from Simon Fraser University. He is also a Certified Alteryx Designer Advanced, a Tableau Desktop Specialist and a Certified UiPath RPA Developer.