The American Chamber of Commerce in Hong Kong is one of the largest American Chambers outside the US, the largest international chamber in Hong Kong and the most dynamic and influential international business organization in the Asia-Pacific region.
The Inland Revenue (Amendment) (Taxation on Specified Foreign-sourced Income) Bill 2022 on Hong Kong's foreign-sourced income exemption (FSIE) regime was introduced to the Legislative Council in early November 2022 subsequent to the prolonged negotiation with the European Union (EU) and the consultation exercise with stakeholders. The Bill proposes that specified foreign-sourced income received in Hong Kong, including interest, dividend, disposal gain on equity interests and income from intellectual properties, would be deemed taxable in Hong Kong unless certain conditions are met. Subject to the legislative procedures, the new regime will be effective from 1 January 2023. The Inland Revenue Department has also published some guidelines on the proposed FSIE regime on its website to facilitate taxpayers' understanding of the regime and practical matters.
Join our webinar, where the experts from Deloitte China will talk about the latest development and practices facing the refined FSIE regime; and help you understand any significant changes or clarifications of the rules as compared to the draft rules published back in July 2022 during the public consultation so as to get prepared for the new regime on how it may impact your corporations.
Webinar login details will be included in your registration confirmation
If you are new to Zoom, here are instructions on how to download the software and join a meeting. Please familiarize yourself with the platform beforehand.
Please log in (your registered email) at 11:45am, 15 minutes in advance of the session start time. This will allow time to troubleshoot any technical issues and start promptly at 12:00pm
Please use the same name you registered with AmCham as your Zoom account.
Please type in your questions in the "Chat" button at the bottom screen, the moderator will be selecting questions during the Q&A sessions. If you are using the mobile app, please click "Participants" then "Chat."
Tax Partner, International Tax Services at Deloitte China
Tax Director, International Tax Services of Deloitte China