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In view of the recent suspension of services of the Inland Revenue Department (IRD) and the outbreak of novel coronavirus, the Institute has earlier proposed to the IRD to extend the loss case filing deadline under M-code to 28 February 2020. The IRD has agreed that for tax representatives that have submitted extension requests for 2018/19 loss cases in accordance with the IRD’s Block Extension Letter dated 11 March 2019, the due date for those M-code cases will be further extended to 28 February 2020. This further extension is granted subject to the condition that the Profits Tax return to be lodged shall show an allowable loss. The Institute thanks the IRD for their understanding in this difficult time....

In view of the current outbreak of coronavirus, the Institute has decided to CANCEL the 2020 Spring Cocktail Reception on 5 February 2020 (next Wednesday) at the Chinese Club. We sincerely apologize for any inconvenience caused....

 Continuing Professional Development Courses (Offered by CityU SCOPE)   International Tax Advisory  The CPD course in International Tax Advisory enables students to understand why international double taxation typically arises and how it could be avoided.  It aims to develop participants’ technical competencies in providing advisory services in international tax planning.  Upon completion of this course, students should be able to identify common types of anti-avoidance provisions designed to counter specified forms of international tax planning and to communicate tax planning issues effectively in writing and verbally.   中國稅 (PRC Tax Advisory)  隨著中國經濟發展的迅速增長，港人與內地的聯繫越趨緊密。本課程專為從事內地業務或對中國稅有興趣的人士而設，透過70小時的課節講解及案例分析，讓學員全面瞭解中國稅法的制定和實施，使其在工作及個人發展上更具實力及優勢。   Course Details    International Tax Advisory PRC Tax Advisory Contact Hours: 52 Hours 70 Hours Course Period: 18 March to 16 May 2020 3 June to 12 August 2020 Time: Wednesday evening & Saturday afternoon Venue: CityU SCOPE Learning Centres Language: Cantonese (with English handout) Tuition Fee: HK$7,280 (20% discount for alumni of SCOPE of City University of Hong Kong, or City University of Hong Kong, i.e. HK$5,824) HK$9,800 (20% discount for alumni of SCOPE of City University of Hong Kong, or City University of Hong Kong, i.e. HK$7,840) Enquiry: 3442 7408 (Email﹕cepoon@cityu.edu.hk) Website: www.cityu.edu.hk/ce/pdta For more details of the course,...

In view of the latest development, the seminar “Charitable Organisations – IRD’s Updated Tax Guide & Latest Practice” originally scheduled to be held tonight will be POSTPONED and re-scheduled. Please take note of the postponement and accept our sincere apology. Thank you....

The 2019 CTA Qualifying Examination will be held from 23 to 25 October 2019: Paper Date Time Paper 1 Accounting & Finance 23 October 2019 (Wed) 2:00 p.m. – 5:00 p.m. Paper 2 Hong Kong Tax 24 October 2019 (Thu) 9:00 a.m. – 12:00 noon Paper 4 PRC Tax (中國稅法) 24 October 2019 (Thu) 2:00 p.m. – 5:00 p.m. Paper 3 International Tax 25 October 2019 (Fri) 9:00 a.m. – 12:00 noon Paper 5 Advanced Taxation Practice 25 October 2019 (Fri) 2:00 p.m. – 5:00 p.m.   Please click here for online enrollment.  Enrollment for 2019 CTA Examination is open from 14 June to 12:00 noon, 13 September 2019. If you wish to apply for exemption from the CTA Examination, please complete the enrollment form and return, together with any relevant supporting document(s), to the TIHK Secretariat by post or email (tihkadm@tihk.org.hk) before the enrollment deadline. ...

Programme Code : 20190918 Event Date : 18 September 2019 (Wednesday) Time : 2:30 pm - 5:45 pm Venue : LexisNexis Hong Kong, 11/F Oxford House, Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong View google map Speakers : Mr Jonathan Chang, Ms Eva Leung, Mr Peng Tao Language : English CPD Credit : 3 hrs Proficiency Level : Intermediate Fee : HK $ 2,250 for Non-member HK $ 1,575 for Early Bird Discount by 13 Sept 2019 Description: Speaker Profile Content : Mr. Jonathan Chang, Barrister-at-law from Temple Chambers Ms. Eva Leung, Barrister-at-law from Des Voeux Chambers Mr. Peng Tao, Partner from DLA Piper Remark: Please visit here to sign up for the course ...

The Institute’s 47th Annual General Meeting (AGM) will be held as follows: Date: 30 August 2019 (Friday) Time: 5:30 p.m. (Registration starts at 5 pm) Venue: The Chinese Club, 14th Floor, 21-22 Connaught Road Central, Hong Kong The notice of the 47th AGM is attached.  A Dinner Gathering will also be held after the AGM, from 7 pm to 9 pm at the same venue.  For online enrollment, please click here. ...

Nominations are now being sought for an Election of Eight Members to the Council (“the Election”).  All duly completed nomination forms must reach the Secretariat by 5:30 p.m., 31 July 2019 (Wednesday).  Late submission will not be accepted. Please refer to the attached notice for the detailed election schedule. ...

Starting from 1 January 2020, all Certified Tax Advisers (CTA) who are in public practice are required to be covered by Professional Indemnity Insurance (PII), unless they are exempt because their liabilities have already been covered by PII obtained in their other professional capacity.  Employees who hold themselves out as a CTA and provide taxation services should be covered by their firm’s PII. The Institute has negotiated a master policy for members which is administered by the sole insurance broker, AMTD, and is underwritten by Chubb.  Representatives from the two companies will introduce the master policy to members at the coming information session to be held on 9 July 2019 (Tuesday).  The first 34 members to enroll in the PII master policy, which will be effective from 1 October 2019, will enjoy an early bird discount of HK$900 offered by the Institute.  The deadline for early-bird enrollment is 31 August 2019. Members are advised to read through the FAQ on PII requirements...

Please note the following policy on re-admission to membership and regaining of CTA designation approved by the Council in June 2019:   Re-admission to Membership Fellow, Associate, Retired Member Re-joining the Institute after three years of ceasing to be a member Pay a re-admission fee equivalent to 2-years’ annual subscription,and annual subscription for the year of re-admission Re-joining the Institute within three years of ceasing to be a member Pay a re-admission fee equivalent to annual subscriptions for the lapsed years of membership,and annual subscription for the year of re-admission Student Re-joining the Institute after three years of ceasing to be a Student Pay a re-admission fee equivalent to 2-years’ annual registration fee,and annual registration fee for the year of re-admission Re-joining the Institute within three years of ceasing to be a Student Pay a re-admission fee equivalent to annual registration fees for the lapsed years of student membership,and annual registration fee for the year of re-admission Regaining of CTA Designation CTA designation Obtained under the “Grandfather Scheme” in 2010 Take the CTA Qualifying Examination Obtained through completing the...