Americas
Hong Kong
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Americas
Asia-Pacific
Hong Kong provides guidance on transfer pricing rules and documentation requirements
Agnes Lo, Associate Professor, Lingnan University, Hong Kong and Raymond Wong, Associate Dean, City University of Hong Kong, discuss guidance issued by the Hong Kong Inland Revenue Department July 18 setting out the IRD’s views on transfer pricing, permanent establishment, and the foreign tax deduction. . . .
Africa
Asia-Pacific
Americas
Asia-Pacific
Hong Kong gazettes law on joining multilateral tax agreement
Hong Kong’s Inland Revenue Department on February 2 published in the official gazette a law providing the legal framework for Hong Kong to join a multilateral tax agreement on implementing automatic exchange of information in tax matters (AEOI), automatic exchange of country-by-country reports of multinational corporations, and spontaneous . . .
Africa
Asia-Pacific
Asia-Pacific
Americas
Asia-Pacific
Africa
Twenty nations’ tax laws may aid multinational profit shifting, OECD report says
Twenty countries have tax laws that may be considered harmful preferential regimes, facilitating tax avoidance by multinationals and reducing the tax base of other countries, an OECD report released Monday revealed. The review, conducted by the OECD Forum on Harmful Tax Practices (FHTP), assessed countries’ tax laws against . . . .
Asia-Pacific
Americas
Swiss advance information exchange for tax purposes with Singapore, Hong Kong, other financial centres
Davide Anghileri of the University of Lausanne discusses the Swiss government’s progress advancing exchange of financial account information for tax purposes with Singapore, Hong Kong, and several countries, including Bahamas and Bahrain, that apply automatic exchange in a non-reciprocal manner . . .
Asia-Pacific
Americas
FATCA agreement between US and Hong Kong enters into force
US Treasury has today announced on its website that a Model 2 FATCA intergovernmental agreement (IGA) signed by the US and Hong Kong entered . . .
Asia-Pacific
Asia-Pacific
Asia-Pacific
Asia-Pacific
Hong Kong to implement parent-surrogate country-by-country tax reporting for multinationals
Hong Kong’s Inland Revenue Department on December 22 issued more guidance on country-by-country reporting for large multinationals, including . . .
Asia-Pacific
Hong Kong, Turkey to negotiate tax treaty
The government of Hong Kong has today announced that it will begin negotiations for a tax treaty with Turkey . . .
Asia-Pacific
Tax agreements between Hong Kong and Nordic countries enter into force
Hong Kong’s Inland Revenue Department on March 2 announced the entry into force of tax information exchange agreements with Denmark, the Faroe Islands, Iceland, Norway, Sweden, and . . .
Asia-Pacific
Duff & Phelps acquires Quantera Global Asia
Duff & Phelps, a global valuation and corporate finance advisor firm, announced May 16 that it has acquired Quantera Global Asia Holding, a transfer pricing . . .
Africa
Switzerland consults on introducing automatic exchange of tax information with 22 countries
The Swiss government has today announced a consultation on commencing automatic exchange of information in tax matters with 22 countries, writes Davide Anghileri, a lecturer at the University of Lausanne . . .
Asia-Pacific
Hong Kong budget provides plenty of business tax sweeteners, but defers difficult decisions
Stefano Mariani, a lawyer and lecturer at Hong Kong University, analyzes Hong Kong’s 2016–2017 budget, noting that the plan provides generous business tax incentives and leaves decisions on tax reform for another day. . .
UPDATE (3/4/2016): Hong Kong publishes tax bill: The Hong Kong government on March 4 published Inland Revenue (Amendment) (No. 2) Bill 2016, to implement the concessionary revenue measures proposed in the . . .
Asia-Pacific
Asia-Pacific
Hong Kong and Belarus sign tax treaty, text available
Hong Kong’s Inland Revenue Department has announced that Hong Kong and Belarus signed a tax treaty on . . .
Asia-Pacific
Hong Kong sets out plan to adopt BEPS tax measures, revamp transfer pricing laws
Hong Kong’s priorities for implementing the OECD/G20 base erosion profit shifting (BEPS) project include adopting the four BEPS minimum standards and putting in place a legislative framework for a new transfer pricing regulatory regime, according . . .
Asia-Pacific
Africa
Hong Kong agrees to automatic exchange of tax information with South Africa and Portugal
Hong Kong has agreed to automatic exchange of financial account information in tax matters with the governments of South . . .
Asia-Pacific
Hong Kong, Korea sign tax agreement for automatic exchange of financial account information
Hong Kong and Korea have signed an agreement for the automatic exchange of financial account information in tax matters, the Hong Kong government . . .
