Common HK tax issues on fund structure and latest development

For your best review of this webcast, please use Chrome or Firefox

Please press the play button to start the webcast

Overview

Slide

View Webcast

Organization

Disclaimer

Topic: Common HK tax issues on fund structure and latest development
Date: Wednesday, 18 July 2018
CPD hours: 2 hours
Speaker: Mr. Roy Phan, Tax Director, Deloitte China
Venue: Rm 201, 2/F, 15 Hennessy Road, Duke of Windsor Social Service Building, Wanchai, Hong Kong
Content:

Asset management is an important financial services (FS) sector in Hong Kong. As an international financial and asset management center, the Hong Kong SAR Government have been very proactive in formulating initiatives such as providing the Hong Kong profits tax exemption for the offshore private-equity funds, setting out the legal and regulatory framework for "open-ended fund companies", etc for the purpose of attracting more funds and fund managers to be domiciled in Hong Kong.
Given now we are under a BEPS environment and with the increasing focus on tax transparency, the typical offshore fund management structure is currently under close scrutiny by the IRD (it is noted that the IRD have been conducting tax audits on offshore fund structures starting from few years ago) and therefore the taxability of management fee and carried interest earned by Cayman fund manager/general partner in a typical offshore fund structure is becoming an increasing focus for both the tax authorities and the industry players.
To give the audience an balanced overview of the Hong Kong tax issues that a typical offshore fund structure is facing and the foreseeable challenges/opportunities given the latest developments in global tax environment and domestic law changes, this seminar will cover the following topics:
- Typical offshore fund structures - Hong Kong tax implications for fund and the exemptions available - Taxation of management fee and carried interest - Latest development of the fund exemption regime in Hong Kong

 

 

 

 

This function is unavailable for this preview course.

 

If you are interested in this e-Seminar, please click here for subscription

 

 

 

 

 

The information provided by The Taxation Institute of Hong Kong (the "Institute") on this website is for general guidance and reference only. Whilst the Institute will keep the contents of this website accurate and up-to-date, no warranty or guarantee, express or implied, is given as to the accuracy and completeness of the information. In no event shall the Institute, its members, council members, agents and employees be liable for any loss and damages arising from or related to the use of the contents.

Users who are linked from this website to sites provided by other organizations should be aware that information on those websites has been compiled and issued by those organizations. The Institute, its members, council members, agents and employees accept no responsibility whatsoever for the contents of any website to which a hypertext link from this site exists and shall not be liable for any loss or damage arising from or related to its use.

For assistance on viewing the webcast, please contact us during office hour at +852 3996-7687.

For query out of office hour, please press the help button, our representative will reply to you shortly.

Powered by: