e20210414 Personal Tax Considerations and the Application of Double Tax Agreement of Sending Employees Overseas – Case Study
Description
Please be reminded that this is an e-seminar which can be accessed anytime to obtain the CPD hours.
In the last few years, some Hong Kong companies with manufacturing operations in Mainland China have set up new factories in South East Asian countries, and they have seconded employees abroad to manage the operations. Most of these jurisdictions impose personal income tax at rates much higher than that of Hong Kong. Many employers are absorbing the high costs while some may have engaged in questionable arrangements to try to reduce the burden. Can tax efficiency be improved while achieving compliance?
In this webinar, the Speaker will use a case study involving the Mainland and Vietnam to demonstrate how the application of the Hong Kong Double Tax Arrangements with these tax jurisdictions can reduce the local tax burden and the practical issues faced by Hong Kong companies.