Seminars / Events

Loading Events

« Event Calendar

  • This event has passed.

20250821 Latest trends in tax controversy and the myth of offshore structures – could localization/ re-domiciliation help?

Share:
Programme Code:
20250821
Date:
21 August 2025 (Thursday)
Time:
6:30 pm - 8:00 pm
Speakers:

Ms. Polly Wan, Leader, Tax Controversy team – Hong Kong, Tax Partner Global Business Tax Services, Deloitte China

Ms. Ka Yan Pau, Tax Partner, Global Business Tax Services, Deloitte China

Mr. Kenneth Lee, Counsel, Chan & Jamison LLP* *An independent Hong Kong law firm associated with Deloitte Legal

Language:
Cantonese
Venue:
Live webinar
Proficiency Level:
Intermediate Level
Fee:
$180 – $240
CPD Hours:
1.5
Seat:
100
Event Categories:
,
Application Form:
20250821 enrolment form

Description

Introduction:

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:

  • The latest development on tax controversy, including offshore claims and deduction of expenses in relation to offshore entities
  • The legal framework, eligibility criteria, and application process for re-domiciliation
  • The expected use case of the proposed re-domiciliation regime in Hong Kong, and the benefits of localization
  • Potential tax implications and other uncertainties

Speaker Profile

Polly Wan is a Tax Partner of Deloitte, focus on China, Hong Kong and cross-border tax and business advisory services. She is leading the Tax Controversy team of Deloitte Hong Kong.

Polly is experienced in advising corporations on entrance strategies, cross-border investment structures and local compliance. In particular, assisted clients in planning and application of treaty benefits.

Polly is also experienced in handling controversial tax matters in HK, including Field Audit and Investigation and HKIRD enquires. She has many successful cases which helped clients in defending their tax position and reaching compromise settlement with the HKIRD with substantial savings on tax and penalties, e.g. capital Vs revenue gain, onshore/ offshore claim and deduction.

Polly provided China and HK tax advisory services to many MNE and POE in relation to tax due diligence, IPO, including pre-IPO health check, rectification of prior year tax positions, compliance review, structure planning, etc.

She is the Co-chairman of Tax Sub-committee and a committee member of ACCA.

Ka Yan is a Tax Partner of Deloitte China based in Hong Kong.

She has over 15 years of professional experience in Hong Kong and overseas to provide tax compliance and advisory services for her clients with a primary focus on corporate tax compliance, inbound and outbound tax planning, cross-border restructuring planning, tax due diligence work on transactions, and well-rounded tax advisory services.

Ka Yan’s diverse clientele spans over multinational corporations, Chinese state-owned enterprises, Chinese private-owned enterpriese, Hong Kong listed groups as well as private clients. She has proven credentials of assisting a number of her clients in planning and implementing tax efficient operational model for Asia Pacific region and resolving sophisticated tax controversies with the Hong Kong Inland Revenue Department for her clients.

Ka Yan is also a frequent speaker on Hong Kong tax topics with various institutions and business chambers.

Ka Yan holds a Bachelor degree of Economics and Finance from the University of Hong Kong. She is CPA member of Hong Kong Institute of Certified Public Accountants (HKICPA) and CPA Australia. She is also a member of the Tax Committee of CPA Australia’s Greater China Divisional Council.

Kenneth is Counsel at Chan & Jamison LLP*. His practice covers the span of core Deloitte Legal global service offerings, including Corporate/M&A, Contracting, People/Employment Law and data protection matters.

Based in Hong Kong, Kenneth works on the legal aspects of financial, accounting and tax-driven corporate projects, including group re-organizations, integrations and merger projects, as well as various regulatory applications and submissions.

Prior to joining C&J LLP, Kenneth spent over a decade at the corporate and M&A practices of several US and UK international law firms. He has extensive experience in handling and advising on commercial and corporate finance transactions, including public and private mergers and acquisitions, fundraisings as well as compliance matters. He has also worked at the Listing Division of the Hong Kong Stock Exchange and at a U.S. private equity fund.

Kenneth is admitted to practice in New York, USA (2011) and Hong Kong (2017). He speaks English, Cantonese and Mandarin