In an effort to comply with the EU’s and the OECD’s requirements, a number of tax neutral jurisdictions such as Bermuda, the BVI and the Cayman Islands have enacted domestic economic substance legislation effective from 1 January 2019. Detailed guidance has also been issued by certain jurisdictions during the past few months.
As it is common for Hong Kong corporate groups to use entities in tax neutral jurisdictions for investment holding and other purposes, this new development may have significant impact on the business community in Hong Kong.
In this seminar, our speakers will provide you with:
- Background of the economic substance requirements
- Summary of the economic substance legislation enacted, and detailed guidance issued, by some tax neutral jurisdictions
- Potential consequences for non-compliance
- Possible options to deal with the changes and issues to consider
Date : 4 June 2019 (Tuesday)
Time : 7:00 – 8:30 pm
Venue changed to : Grand Hall, 1/F Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai, Hong Kong
CPD : 1.5 hours
Language : Cantonese
Gwenda Ho is Vice President of AWAHK. She is also a Partner of PwC Hong Kong’s Corporate Tax practice, leading the technology, media and telecommunications sectors, with over 20 years’ experience in providing Hong Kong and international tax consulting services to local, regional and multinational clients.
Anita Tsang is an Associate Director of PwC Hong Kong’s National Tax Policy Services, the Vice-President of the International Tax Committee and a member of the Tax Policy Committee of the Taxation Institute of Hong Kong (TIHK) and a member of the Tax Sub-committee of the Association of Chartered Certified Accountants (ACCA) in Hong Kong. Anita has over 12 years of experience in Hong Kong and international taxation, and currently focuses on providing in-house tax technical support and training at PwC Hong Kong as well as producing the firm’s tax publications.
Supporting Organizations :
CPA Canada – Hong Kong Chapter
Please [e-register] immediately and send in your cheques payable to “AWAHK” (with the names of participant marked at the back of the cheque) to our office at 8/F, Chinachem Tower, 34-37 Connaught Road Central, Hong Kong.
Enrolment is made on a first come first served basis with priority to AWAHK members.
For further information, please contact AWAHK at 6229 9628. You can also email to firstname.lastname@example.org.