Description

Just as in the previous year, there have been significant changes to the domestic tax law of Hong Kong over the past year. The further refined foreign-sourced income exemption (FSIE) regime was assessed by the European Union (EU) as not harmful, which culminated in the removal of Hong Kong from the EU’s watchlist.

Earlier this year, the Hong Kong SAR Government (the Government) also conducted a public consultation to gather views on the implementation details of the global minimum tax and the domestic minimum top-up tax in Hong Kong.

In addition, the Government has introduced several tax incentives with the aim of further enhancing Hong Kong’s tax attractiveness. Several tax incentives or proposals to enhance the existing tax regime are also in the pipeline.

Join the upcoming Hong Kong Tax Update seminar to stay informed about these latest developments. The speakers will provide an overview of the aforementioned developments, equipping you with the knowledge you need to navigate the changes.

Content outline

• Refined FSIE regime
• Recently introduced / proposed tax incentives and legislative changes
• Court of Appeal decision in John Wiley case
• BEPS 2.0 Pillar Two new developments and Hong Kong’s response