The operating landscape for multinational companies is constantly evolving. Companies must keep up with the accelerating pace of tax, legislative, and regulatory developments. Join us for a seminar on Tuesday the 15th of October with PwC tax experts to discuss the latest and upcoming regulatory changes affecting multinational companies operating in Hong Kong. The seminar consists of two main topics: New Guidance Notes on Transfer Pricing in Hong Kong (speakers: Cecilia Lee and Tiffany Wu) and the Evolving International Tax Rules – BEPS 2.0 (speaker: Jesse Kavanagh)
New Guidance Notes on Transfer Pricing in Hong Kong
PwC professionals will share the updates and insights of the Departmental Interpretation and Practice Notes ("DIPNs") no. 58, 59, and 60, that were released on 19 July 2019. The three DIPNs address the interpretation and practical application and provisions in the base erosion and profit shifting ("BEPS") and transfer pricing ordinance in Hong Kong. The PwC professionals will share applicable case studies and the practical business implications for the Hong Kong tax payers or multinational corporations with operations or presence in Hong Kong.
The Evolving International Tax Rules – BEPS 2.0
Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that exploit gaps and mismatches in tax rules to artificially shift profits to low or no-tax locations. The BEPS Project was initiated by the OECD/G20 and has generated 15 action plans as well as a series of subsequent updates and amendments. Currently, over 125 countries and jurisdictions are collaborating to implement BEPS measures. Hong Kong has also implemented several localised BEPS measures. Jesse Kavanagh will cover current BEPS proposals including discussion of potential impact to multinational companies operating in Hong Kong.
The ticket includes a glass of wine and a delicious evening bite from Rye House Nordic Deli.
Please RSVP by Friday the 11th of October.
1608 16F Sun Hung Kai Centre, 30 Harbour Road
Wan Chai, Hong Kong