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This event was re-scheduled from 6 November.

An international tax reform with significant impact on consumer-facing and digital intensive businesses is underway.

The OECD published its blueprints on Pillar One and Pillar Two under the tax digitalisation/globalisation project on 12 October 2020, offering a glimpse of the current status on its proposals to address tax challenges arising from digitalisation of the global economy.

Pillar One aims to ensure that digitally-intensive or consumer-facing multinational enterprises (MNEs) pay taxes where they conduct business but do not have a taxable presence under the existing international tax rules, while Pillar Two looks at the introduction of a global minimum tax that would help countries address issues relating to base erosion and profit shifting by MNEs. The blueprints set out the detailed technical design of various components of the two Pillars as well as issues that members of the OECD/G20 Inclusive Framework have yet to reach an agreement on.

To equip members with a better understanding of technical nature of the proposed tax rules and the impact on their businesses, we are pleased to have invited PwC's Cecilia Lee and Jesse Kavanagh to share their insights on the blueprints and explain what the proposals mean to MNEs, tax authorities and other relevant stakeholders.

Please refer to the following on the virtual seminar:
- Upon successful registration of the event, a unique webinar link will be sent to your registered email 2 days before the event. Please refer to the troubleshooting guide here should you experience any issues in locating the webinar link.
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Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.


Cecilia Lee, Partner – Transfer Pricing Services, PwC Hong Kong

Jesse Kavanagh, Hong Kong Tax Reporting & Strategy Leader and Partner, PwC Hong Kong

Language English
Date and Time 2020/11/30 11:00 to 12:30
Venue Online via Zoom
Media Closed to media
Enquiries Karen Au
Tel: 28231200
Fee Members @ HK$100 / Non-Members @ HK$200
+$50 for booking offline
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
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