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VERSION:2.0
PRODID:-//The Taxation Institute of Hong Kong - ECPv5.0.0.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:The Taxation Institute of Hong Kong
X-ORIGINAL-URL:https://www.tihk.org.hk
X-WR-CALDESC:Events for The Taxation Institute of Hong Kong
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TZID:Asia/Hong_Kong
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TZOFFSETFROM:+0800
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TZNAME:HKT
DTSTART:20240101T000000
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DTSTART;TZID=Asia/Hong_Kong:20240626T183000
DTEND;TZID=Asia/Hong_Kong:20240626T200000
DTSTAMP:20260604T140528
CREATED:20240612T092846Z
LAST-MODIFIED:20240808T085557Z
UID:619295-1719426600-1719432000@www.tihk.org.hk
SUMMARY:20240626 Tax Sharing: Practical considerations of family office regime in Hong Kong
DESCRIPTION:The Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Ordinance 2023 (the Ordinance) was gazetted and came into operation on 19 May 2023. The Ordinance provides profits tax concessions for eligible Family-owned Investment Holding Vehicles (FIHVs) managed by eligible Single Family Offices (SFOs) in Hong Kong; and Family-owned Special Purpose Entities (FSPEs). Only the assessable profits of FIHVs and FSPEs arising from qualifying transactions and incidental transactions are eligible for profits tax concessions\, which apply in respect of a year of assessment commencing on or after 1 April 2022. \nThe Inland Revenue Department (IRD) has provided some useful guidance in its website for taxpayers seeking to enjoy the tax concession. The IRD has also published Advance Ruling Case No. 73\, the first ruling in respect of the new family office tax regime\, for taxpayers’ reference. \nIn this seminar\, the speakers will cover the following: \n\nGive a brief background on the development of family offices in Hong Kong\nDiscuss the IRD guidance\nExplore the key issues in the Advance Ruling Case No. 73\nShare practical considerations involved in the above advance ruling application\, and common issues in setting up family office structures\n\n
URL:https://www.tihk.org.hk/event/20240626-tax-sharing-practical-considerations-of-family-office-regime-in-hong-kong/
LOCATION:ET 2101-2\, 21/F\, Edinburgh Tower The Landmark 15 Queen’s Road Central\, Central  Hong Kong
CATEGORIES:Physical Seminar,Seminar
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