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20230116 Practical interpretation and application of Hong Kong’s foreign-sourced income exemption regime – An update from the IRD

Programme Code:
16 January 2023 (Monday)
6:30 pm - 8:00 pm

Mr Benjamin CHAN, JP, Deputy Commissioner (Technical), Hong Kong Inland Revenue Department (IRD)

Live webinar
Proficiency Level:
Intermediate Level
$150 – $200
CPD Hours:
Event Categories:
Application Form:
20230116 enrollment form


The Inland Revenue (Amendment) (Taxation on Specified Foreign-sourced Income) Bill 2022 was passed in December 2022. Upon enactment of the Bill into law, the new foreign-sourced income exemption (FSIE) regime in Hong Kong will take effect from 1 January 2023. The FSIE regime applies to multinational enterprise groups receiving foreign-sourced dividends, gains from sale of equity interest, income from use of intellectual property and interest income in Hong Kong. Under the regime, profits tax exemption will continue to apply for the above mentioned foreign-sourced income if certain conditions are met.

In this webinar, the IRD speaker will:

1. Provide a quick recap of the key features of the FSIE regime;

2. Discuss and clarify various issues on the interpretation and application of the rules under the FSIE regime; and

3. Discuss the technical support provided by the IRD to taxpayers to facilitate compliance.


Speaker Profile

Mr. Chan is the Deputy Commissioner (Technical) of the IRD. His present portfolio includes tax treaties, transfer pricing, tax appeals, technical research and advance rulings. He is the head of the Hong Kong delegation in treaty negotiations and is currently engaged in the work relating to BEPS 2.0, foreign-sourced income exemption for passive income and other technical legislative amendments.