Curtis Ng

Sponsored by KPMG Hong Kong

Hong Kong: Hong Kong’s new R&D regime is here

On November 2 2018, Hong Kong's new research and development (R&D) regime was enacted and applies to eligible expenditure incurred on or after April 1 2018.

Curtis Ng, December 12, 2018

Sponsored by KPMG Hong Kong

Hong Kong: Recent accounting changes in Hong Kong

In recent years, there have been various accounting changes which have had significant tax implications on how certain items are accounted for and potentially taxed. The two main changes in Hong Kong have been HKFRS 9 (affecting financial instruments) and HKFRS 16 (leases).

Curtis Ng, October 15, 2018

Sponsored by KPMG Hong Kong

Hong Kong: Hong Kong introduces new transfer pricing regime

In July 2018, transfer pricing (TP) legislation – Inland Revenue (Amendment) (No 6) Bill 2017 (BEPS Bill) – was passed in Hong Kong. This represents one of the biggest changes to Hong Kong tax in recent years. Many of the provisions within the BEPS Bill will have retrospective effect from the year of assessment 2018/19. The notable amendments to the initial proposal are:

Curtis Ng, August 24, 2018

Sponsored by KPMG Hong Kong

Hong Kong’s OFC regime to commence on July 30 2018

In recent years, the Hong Kong government has introduced various incentives to bolster Hong Kong as an international finance centre by extending the offshore funds exemption and special purpose vehicle (SPV) exemption.

Curtis Ng, July 12, 2018

Curtis Ng

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