20211130 Update on recent development of tax audit and investigation in Hong Kong
With the introduction of BEPS2.0 by the OECD and the recent changes in the leadership within the Inland Revenue Department (IRD), there have been developments in the way the IRD selects files for review and audit, and their approach in conducting tax audits.
In this session, PwC Tax Controversy Services specialists will provide updates and share insights on the recent development in the IRD’s practices towards case selection, approach in conducting tax audits, and settlement negotiation. Specifically, the seminar/webinar will cover the followings:
- Overview of the IRD’s case selection process and process of tax audit in Hong Kong
- Update on the latest changes in the leadership within the IRD and their implications
- Latest trends of IRD’s review focus and approaches in conducting tax audits
- Tips for settlement negotiation in the current environment