March 2018
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International Correspondents
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Sponsored by KPMG ChinaIn January 2018, a tax bulletin was published on the annual meeting held between the Hong Kong Inland Revenue Department (IRD) and the Hong Kong Institute of Certified Public Accountants (HKICPA). The annual meeting covers a wide range of topics and is a discussion on practical matters raised by practitioners on which the IRD provides clarification. Some of the key Hong Kong tax issues discussed included the following.
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Sponsored by Fenwick & WestThe new US tax law's base erosion and anti-abuse minimum tax (BEAT) will have a substantial impact on inbound taxpayers.
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Sponsored by Garrigues PortugalThe taxation of income had been unclear since the recent boom in cryptocurrency trading. The new ruling has come to the delight of tax authorities.