Introduction of the global minimum tax and TP developments
The past few years have seen significant changes in the international tax environment resulting from unprecedented international tax co-ordination between governments, jurisdictions introducing new tax regulations and taxpayers facing greater compliance obligations.
Hong Kong, as a leading global financial center, has adopted many of these global changes and, most recently, announced plans to adopt the Global minimum tax rules and introduce a Hong Kong minimum top-up tax (HKMTT).
In view of the above, BDO Tax team invites you to a live webinar where our team will:
- Provide an overview of the global minimum tax rules and HKMTT;
- Discuss areas where PRC multinational enterprise (MNE) groups are likely to be impacted;
- Share case studies and practical examples;
- Review Hong Kong profits tax and other compliance obligations under the revised regulations; and
- Share suggestions and information taxpayers can use to prepare for these new rules.
- The latest TP regulatory environment and TP practice in China
Speakers
CAROL LAM, Director and Head of Tax, BDO Hong Kong
Carol Lam is a director and Head of Tax of BDO Hong Kong.
Carol has extensive experiences in providing Hong Kong and international tax consulting and compliance services to local, regional and multinational clients including listed groups and Chinese enterprises across a wide range of industries, including consumer and industrial products, manufacturing, retail and distribution, construction, real estate, financial services, transportation and logistics.
Carol is experienced in advising on tax-efficient holding structure, cross border transactions, corporate restructuring, tax planning for IPO, due diligence, mergers & acquisition deals, tax ruling application and individual tax planning. She also has extensive experience in representing clients in tax investigation and field audit cases and in tax dispute resolution.
She is a speaker in tax seminars and a contributor of tax articles for tax journals and local newspapers. Carol has acted as a technical reviewer in assisting Wolters Kluwer to review the Hong Kong Master Tax Guide.
Qualifications and professional affiliations
- Hong Kong Certified Public Accountant
- Fellow member of the Association of Chartered Certified Accountants
- Fellow member of The Taxation Institute of Hong Kong
ABIGAIL LI, Director of Tax, BDO Hong Kong
Abigail Li is a Tax Director based in Hong Kong.
Abigail has extensive experience in Hong Kong and international tax and in a wide range of industries including asset management and financial services, corporate treasury, commodities, shipping, industrial and consumer products. Her clients have ranged from well-established large multinational companies (MNCs) to start-ups or new economy companies.
Abigail is experienced in advising on sophisticated technical tax issues in Hong Kong, and also in respect of cross border transactions involving Hong Kong including tax planning, group structuring, M&A and cross border financial products or transactions.
Abigail is also experienced in assisting clients in various applications with the Hong Kong Inland Revenue Department and Stamp Office including application for advance ruling, certificate of tax residency and stamp duty relief.
Abigail has in-house experience as an Asia Pacific tax manager in a US listed Fortune 500 MNC, resolving local and regional tax issues from operations, treasury, etc.
Abigail's recent projects include structuring tax advice in respect of fund formation and asset management group, tax due diligence for M&A, legal entity rationalisation, financial assets sale and purchase, securitisation, aircraft and ship leasing, etc. She is also a contributor of tax articles for tax journals and publications.
Qualifications and professional affiliations
- Fellow of the Association of Chartered Certified Accountants (ACCA)
- Member of ACCA Tax Subcommittee
EMILY LI, Principal of Transfer Pricing Services, BDO China
Emily Li has 19 years of transfer pricing and tax experiences by serving clients from diverse industries including medical, retail, wholesale, manufacturing, service, FMCG, electronics, chemicals, logistics, franchise and consulting. She has built up a deep knowledge and understanding of the issues and challenges faced by the market.
She is expert in transfer pricing field, assisting multinational companies with documentation, planning, audit defense, advance pricing arrangement, mutual agreement procedures and business model optimization.
With her extensive experience in transfer pricing and tax, she is well-positioned to help clients meet their compliance and planning as well as tax dispute needs.
Prior to joining BDO China, Emily worked at big four and other consulting firms.
Emily holds a bachelor degree of International Finance from Fudan University. She is a Certified Tax Agent of China(CCTA).
Most recent assignments
Sector expertise
- Medical and pharmaceutical, retail, wholesale, manufacturing, service, FMCG, electronics, chemicals, logistics, franchise and consulting
- Transfer pricing documentation
- Transfer pricing planning and advisory, in particular for software companies, contract R&D set up by consideration of location saving factors in China, etc.
- Transfer pricing audit defence
- Advance pricing arrangement
- Mutual agreement procedures
- Business model optimization
ZIYUE XIE, Senior Manager of Tax, BDO Hong Kong
Ziyue Xie is a senior manager in BDO Tax Limited and is based in Hong Kong. Ziyue has over 11 years of tax consulting experience, including transfer pricing advisory and compliances under OECD and Hong Kong tax regimes, U.S. federal and state income tax compliance and advisory services.
Ziyue Xie specialises transfer pricing compliance and documentation, include transfer pricing documentations, Country-by-country Report, reviewing and developing global transfer pricing policies and business restructuring. Ziyue Xie also specialise in U.S. tax compliances and liaising with Federal and local tax authorities.
Ziyue has extensive project management experience, and her client portfolio includes multinational enterprises, closely-held family businesses and high net worth individuals from various industries that are mainly PRC state-owned enterprises.
Professional affiliations & Education
- Certified Public Accountant (CPA), AICPA member
- Master of Taxation, University of Miami
- Bachelor of Management (Accounting Major), Sun Yat-Sen University
Further information
This event will incorporate slides which you can view on a PC and audio broadcast technology which requires only the speakers in your device. Therefore, on the day, please ensure the audio volume of your device is turned up. You are recommended to log in the webinar (which will be provided by email after your successful registration) a few minutes before the webinar starts to make sure you have no problem with the connection.
Details are as follows:
| Date | : | Tuesday, 16 April 2024 |
| Time | : | 15:00 - 16:30 |
| Language | : | Mandarin |
| Fee | : | Free of charge |
| CPD units* | : | 1 .5 hours* (The recognition of CPD hour by your professional organisations is subject to their CPD policies.) |
| Who should attend | : | Corporate tax (including TP), finance, legal or other team members at MNE groups with consolidated annual revenue of RMB 5.8 billion (EUR 750 million), including: • Hong Kong headquartered MNE groups with overseas operations; and, • Chinese based MNE groups with operations in Hong Kong. |
| Remarks | : | 1. For any enquiries, please contact contact Ida Cheung at +852 2218 3714 or idacheung@bdo.com.hk. |
| 2. Login information will be sent to you by email after successful registration. | ||
| 3. The organiser reserves the final right of acceptance of registration. |