Important Notice
With the evolving developments in local tax legislation, as well as changes in the global tax environment, the Inland Revenue Department (IRD)’s approach on tax audits is expected to be tightened. Since taxpayers may face more stringent treatment, particularly in relation to offshore claims, understanding how to effectively mitigate potential tax exposure has become crucial for corporations running businesses in Hong Kong.
Of particular concern are offshore structures, which are frequently targeted by tax authorities. The introduction of new legislative proposals, such as the company re-domiciliation regime in Hong Kong, prompts an important question: Should companies consider localizing their offshore structures to avoid potential challenges from the tax authorities?
In this webinar, the speakers will discuss: