Webinar • Events • Webinar Hong Kong • Business Advisory

[Webinar] BEPS 2.0 – A fundamental change to the taxation of large businesses in Hong Kong

Tuesday 15 February 2022 - 12:30 pm to 1:30 pm (UTC+8)

Webinar,

Event language(s)
English

Price: Members: 140 HKD
Non members: 250 HKD

For cancellation, please contact event1@fccihk.com at this 3 days prior to the event.

Ended

Event ended.

Join this webinar, to discuss how the OECD’s BEPS 2.0 Pillar 2 rules may affect businesses in Hong Kong and the key areas for consideration.

On 20th December the OECD published details of their global minimum tax proposals. These will reshape the global tax landscape and could have a wide range of implications for large multinational enterprise groups.

In less than 12 months, significant changes are expected to be introduced to Hong Kong’s tax system as a result of the OECD’s BEPS 2.0 initiatives and the inclusion of Hong Kong SAR in the EU’s tax ‘grey-list’. This will result in significant tax increases for some groups. Others may need to consider whether their current business arrangements are still the most appropriate, while all will face a challenge of understanding the complex new rules and ensuring they have the necessary systems in place to meet their compliance obligations.

In this webinar we will discuss how the OECD’s BEPS 2.0 Pillar 2 rules may affect businesses in Hong Kong and the key areas for consideration. Key topics that will be discussed include:

- The potential impact for groups with tax losses and timing differences;

- The potential impact on accounting disclosures;

- Key considerations for certain industries such as shipping and real-estate;

- What actions affected businesses in Hong Kong can take to prepare themselves for the upcoming changes including managing data collection; and

- The potential responses from the Hong Kong SAR Government as a result of the latest BEPS 2.0 developments and the inclusion of Hong Kong SAR in the EU’s “tax grey-list.

Co-organise with AmChamHK, DutchChamHK, GermanChamHK, ItalianChamHK for a webinar with KPMG.

Speaker(s)

Ivor MorrisTax partner

^{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:
* The booking will be confirmed exclusively upon completion of the online payment. CASH PAYMENTS ARE NOT PERMITTED.}
^{* 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.}