Past Events
Taxation Committee Roundtable Luncheon: Bracing for a Heightened Level of Tax Transparency
Tracy Ho, Tax Managing Partner for EY Hong Kong and Macau, and Kathy Kun, Senior Manager, National Tax Centre of EY, spoke at the Chamber's roundtable luncheon on Hong Kong'ssigningof a standalone tax information exchange agreement (TIEA) with the United States. Under this new legal framework, the Inland Revenue Department's (IRD) information gathering power has been extended from information in the "possession" to that in the "control" of a taxpayer.They explained how the signing of TIEA will affect businesses in Hong Kong, and how the IRD might exercise its extended information gathering powers.
2014/09/22
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