IRD – New Era of Profits Tax Filing

by Mona Ho Comment Closed
Inland Revenue Department – Profits Tax Filing The Inland Revenue Department (IRD) issued 2022/23 profits tax returns to corporations and partnership businesses on 3 April 2023. Particular attention should be paid to the following: All corporations and businesses, regardless of the amount of their gross income and the mode of return filing, must submit profits tax return together with all supporting documents (including financial statements and tax computation). This includes small corporations and businesses with gross income not exceeding HK$2 million, which will no longer enjoy the exemption from furnishing supporting documents when filing their profits tax returns. All relevant supplementary forms and other forms required to be furnished with the profits tax return must be e-filed under eTAX. If a taxpayer chooses not to e-file the return, the taxpayer has to print and sign a paper Control List for the supplementary forms and/or other forms e-filed and then furnish the signed Control List together with the profits tax return and...
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TIHK Supporting Event – Accountants, WeCare 2023

by Lim Comment Closed
The following accounting associations are joining hands once again to present Accountants, WeCare 2023 stress management sessions for accountants to learn how to enhance our own well-being and performance and/or those of our friends and families. Event Information: Topic: 如何面對每天無窮無盡的追趕 Date: 17 March 2023 (Friday) Time: 19:00 - 21:00 (2 CPD Hours) Speaker: Dr. Katherine L. K. Kot 葛琳卡博士 (Please click to enroll) Topic: 在後新冠疫情達致放鬆的心理策略  Psychological Strategies to Ease into Post-Covid Life Date: 22 March 2023 (Wednesday) Time: 19:00 - 21:00 (2 CPD Hours) Speaker: Dr. Adrian Low 劉英健博士 (Please click to enroll) Mode: Zoom webinar Language: Cantonese Fee: Free of charge for TIHK members and students For more details, please click here for the flyer. Confirmation email or rejection email will be sent to you 3 working days before the webinar. For any inquiries, please email to [email protected] or call 9305 9551 (Elsa Hung) or 2522 7605 (Elizabeth Law).   ...
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TIHK Career Development and Mentorship Programme 2023

by tihk-charlie yau Comment Closed
  Programme Overview To promote the study of taxation and encourage the pursuit of tax profession, the Taxation Institute of Hong Kong (“The Institute”) is organising the Career Development and Mentorship Programme (“the Programme”) since 2021.  The Programme consists of interviews, internship and mentorship opportunities offered by employers reviewed and approved by the Institute, which serves as a platform to connect industry professionals and aspiring young adults who would like to pursue a career in tax profession. Last year, 17 Employers including 16 CPA firms and 1 commercial company (“the Employers”) and 58 students from five local universities signed up for the Programme.  The five universities are City University of Hong Kong, Lingnan University, The Chinese University of Hong Kong, The Hang Seng University of Hong Kong and The University of Hong Kong respectively.  35 students joined the interview sessions eventually and one-half of the students with outstanding performances were offered summer internships at the Employers.  Moreover, 27 students joined the mentor-mentee relationship...
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TIHK Supporting Event – OECD Event: Tax & ESG

by Lim Comment Closed
(Organiser:  International Fiscal Association - Hong Kong Branch) The event will look at how ESG can impact the tax morale of companies & the environmental tax measurements taken by governments, this all from an Asian perspective. Companies (including tax law/ advisory firms) face pressure to do it right (pay fair taxes/ be transparent on their tax (advisory) policies) from not only investors, the regulatory and society, but also from (their own) employees. How can they however reach this ESG tax goal (without losing from the competition)? How can small companies contribute to the ESG tax goal? And what are the role of governments in this (environmental taxes/ allowances) & whether governments should be made more accountability because of ESG 'collected' taxes? Event Information: Date: 1 March 2023 (Wednesday) Time: 6:00pm to 7:00pm Venue: Chatham Room, Conrad Hong Kong, Queensway 88, Admiralty Panel Members: -David Bradbury, Deputy Director of the Centre for Tax Policy and Administration, OECD -Tom van der Lee, Finance Director for Sustainability, Commercial, Procurement and Support Functions, DFI...
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Continuing Professional Development Courses Offered by CityU SCOPE 2023

by Christy Lee Comment Closed
The Taxation Institute of Hong Kong ("the Institute") and the CityU School of Continuing and Professional Education ("SCOPE") have jointly offered the Professional Diploma in Tax Advisory. While the 2023 intake of the Programme has already commenced in mid-January 2023, SCOPE now offers an option for people who wish to take a specific module course instead of completing the full programme. The application deadline for module courses is 14 February 2023 (Tuesday). International Tax Advisory (Flyer: ) The CPD course in International Tax Advisory enables students to understand why international double taxation typically arises and how it could be avoided. It aims to develop participants’ technical competencies in providing advisory services in international tax planning. Upon completion of this course, students should be able to identify common types of anti-avoidance provisions designed to counter specified forms of international tax planning and to communicate tax planning issues effectively in writing and verbally. PRC Tax Advisory (Flyer: ) 隨著中國經濟發展的迅速增長，港人與內地的聯繫越趨緊密。本課程專為從事內地業務或對中國稅有興趣的人士而設，透過70小時的課節講解及案例分析，讓學員全面了解中國稅法的制定和實施，使其在工作及個人發展上更具實力及優勢。 Online application: www.scope.edu/eapp/pdta Website: www.scope.edu/  Enquiries: [email protected] or 3442 7013...
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AOTCA Conference 2023

by Helen Mak Comment Closed
We are pleased to advise you that Japan Federation of CPTAs Association formally decided to host the AOTCA Conference 2023 in Japan as follows. Date: 31 October (Tue.) - 3 November (Fri.) 2023 Venue: Hilton Tokyo Odaiba  Tokyohotels - Hilton Tokyo Odaiba More details will be announced in due course....
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