Past Seminars / Events
Programme Code : 20180201
Event Date : 1 February 2018 (Thursday)
Time : 6:45pm-8:45pm
Venue : PwC Executive Conference Centre, 21/F Edinburgh Tower, The Landmark, 15 Queen's Road, Central, Hong Kong View google map
Speakers : Ms. Wengee Poon, Director, Tax Services, PwC Hong Kong; Ms. Deborah Li, Senior Tax Manager, Tax Services, PwC Hong Kong
Language : Cantonese
CPD Credit : 2 hrs
Proficiency Level : Intermediate Level
Document : Flyer 20180201.pdf
Fee : HK $ 250 for TIHK member / student
HK $ 350 for Non-member
HK $ 300 for members of organizations of CPD Alliance

When MNCs perform transfer pricing (TP) reporting to fulfill base erosion and profit shifting (BEPS) requirements, many of them have found the process more complex than they thought. Differing local country requirements with respect to the level of detail in the disclosures, timing, thresholds, etc., necessitate MNCs following the TP rules of each country closely to ensure they are on track.


Along this process, MNCs have been reviewing whether their group's profits align with their substance. They are revisiting their value chains, legal holding structures and operating models, and evaluating what impact these items may have on their underlying financials and accompanying narrative of the group's operations via Country by Country (CbC) reporting, the Master File and other formal TP documentation reports.


In this seminar, our subject matter experts on TP will share practical insights that are crucial to implement the new BEPS rules across Hong Kong and China:


1.   An overview of the latest TP BEPS rules in Hong Kong

2.  Amending group tax and TP policies when there are different requirements along your supply chain in various tax jurisdictions

3.  Strategy for actual filing or notification of filing CbC in Hong Kong and overseas

4.  Critical timeline and potential penalties under the proposed TP laws in Hong Kong

5.  Handling information queries and audits on TP from Hong Kong, China and overseas tax authorities

Speaker Profile Content :
Ms. Wengee Poon, Director, Tax Services, PwC Hong Kong

Ms. Wengee Poon is a director at PwC Hong Kong specialising in Transfer Pricing Services. With extensive experience in transfer pricing, Wengee has resolved transfer pricing matters for numerous multinational corporations. Her experience includes assisting clients in determining their transfer pricing structures, formulating transfer pricing policies, preparing transfer pricing documentation and performing post-implementation structure maintenance services. Wengee has served a broad spectrum of multinational corporations in various industries including garments, chemicals, telecommunications, electronics, pharmaceuticals in the manufacturing, distribution and servicing aspects. Wengee is also a speaker at public seminars and has contributed to professional publications. She holds a Bachelor degree in Economics and Statistics and a Master degree in Business Administration from the University of Rochester, New York, U.S.A.

Ms. Deborah Li, Senior Tax Manager, Tax Services, PwC Hong Kong

Deborah is a senior manager at PwC Hong Kong specialising in China and Hong Kong transfer pricing matters, with clients operating in a number of industries including retail and consumer, healthcare and pharmaceuticals, engineering and construction, logistics and technology. Her project experience covers the life cycle from feasibility and development of strategy, implementation of structures, management and monitoring of policies, and resolving tax disputes with the tax authorities. Deborah is a member of the Hong Kong Institute of Chartered Accountants and Chartered Accountants Australia and New Zealand, and is an enrolled barrister and solicitor of the High Court of New Zealand.