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BEPS 2.0: A Fundamental Change to Tax in Hong Kong?

Price:
Members: Free
Non-Members: HKD 80,00
For cancellation, please notify Caroline (caroline.semelin@fccihk.com) 3 days in advance by writing.

Event ended *please note that booking the event in your calendar does NOT mean that you are registered. You need to register first if you want to attend an event.

Join this co-host session with the Italian Chamber of Commerce in Hong Kong to hear from KPMG about 'BEPS 2.0: A Fundamental Change to Tax in HK'.

 

In July 2021, 133 jurisdictions including Hong Kong approved a statement providing a framework for the reform of existing international tax rules. Set to take effect in 2023, the new rules propose a global minimum effective tax rate of at least 15% applied on a jurisdiction-by-jurisdiction basis.

Due to Hong Kong’s various incentives and territorial system of taxation, a majority of its companies have an effective tax rate well below 15%. The new rules will apply to groups with turnover in excess of EUR 750 million, although changes to domestic tax rules in response may be more wide reaching.  Separately, the European Union is conducting a review of foreign source exclusion regimes such as those in Hong Kong, which may also put pressure on Hong Kong’s traditional system of low and simple tax.

In light of the challenges posed for jurisdictions like Hong Kong, the Italian Chamber of Commerce is pleased to invite you to this webinar in collaboration with KPMG.

In this webinar, with the partnerships of the European Chamber of Commerce in Hong Kong, the Dutch Chamber of Commerce in Hong Kong, the French Chamber of Commerce and Industry in Hong Kong, and the Mexican Chamber of Commerce in Hong Kong, an overview of the aforementioned tax proposal will be provided, possible consequences will be explored and common corporate arrangements that may be impacted will be discussed. 

Don't miss out! Join this informative webinar to learn about how your company could be affected. Apprehend know-hows to help better prepare your business for these changes. 

 

Co-Host partners

 

 

Terms and Conditions

For events which are free for members:
* An online registration is a confirmed booking.
* Cancellation must be notified in writing to events(@)fccihk.com at least 3 working days prior to the event, otherwise no refund will be made.
* For in-person events, no-show penalty of HK$200 will be charged for members and non-members, unless the event is cancelled by the organiser.
* By attending our events, you agree to be photographed and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
* The Chamber reserves the right to cancel or postpone its events.
* Our events are closed to the media. Special coverage of Chamber events may be permitted on a case-by-case basis and only if prior permission has been sought.
* If Typhoon 8 (or above) or Black Rainstorm Signal is hoisted, all events will be cancelled.

For paid events for both members and non members:
* An online registration is a confirmed booking.
* Cancellation must be notified in writing to events(@)fccihk.com at least 3 working days prior to the event, otherwise no refund will be made.
* No-show penalty will be charged for members and non-members, unless the event is cancelled by the organiser.
* By attending our events, you agree to be photographed and/or filmed and give permission to use your likeness in promotional and/or marketing materials.
* The Chamber reserves the right to cancel or postpone its events.
* Our events are closed to the media. Special coverage of Chamber events may be permitted on a case-by-case basis and only if prior permission has been sought.
* If Typhoon 8 (or above) or Black Rainstorm Signal is hoisted, all events will be cancelled.