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As the Government grapples with a significant budget deficit, the Inland Revenue Department (IRD) is continuously refining its approach to tax audits. IRD officers are increasingly adept at utilizing the Exchange of Information (EoI) mechanism with other tax jurisdictions to identify potential audit targets or during the tax audit process.

In light of these developments and the current economic landscape, businesses should exercise heightened vigilance in managing their tax affairs to minimize the risk of attracting an audit. For those already under review, careful handling of any tax audit is essential.

Join us for an insightful seminar where our speakers will present case studies based on their recent experiences in resolving tax disputes. Key topics will include:

1. Overview of the IRD's structure and review practices, including new methodologies
2. Common triggers that lead to tax audits
3. Recent hot topics for tax audits
4. IRD’s tax audit process, with important considerations for each stage
5. Quick tips for resolving tax audits
6. Real-life case studies
7. An interactive Q&A session

DISCLAIMER
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.

Speaker(s)

Philip Hung
Director, PwC Hong Kong

Philip is the director in the Hong Kong tax controversy services group of PwC Hong Kong.  He has over 30 years' experience in Hong Kong taxation with six years in IRD. He is a well- known expert in the tax field and investigation specialty. After he left the IRD, Philip concentrated in assisting clients in handling tax investigation and field audit cases. He is the first to set up a specialized  team  to  handle  the  IRD’s  tax  investigation  and  field  audit  cases  for  clients  in  the industry. His clients include fund managers, SME, listed companies and various MNC. He assisted in handling complicated cases such as worldwide onshore/offshore claim, disputes on processing arrangements, offshore claim for various industries, IRD prosecution case and transfer pricing adjustments.

Felix Tsang
Associate Director, PwC Hong Kong

Felix is the associate director in the Hong Kong tax controversy services group of PwC Hong Kong. He has over 18 years of experience in handling tax audits, tax investigations and other tax disputes for multinational as well as local clients in different industries including manufacturing, services, fund management and charitable institutions, involving a diverse range of issues such as cross-border transactions, offshore claims, anti-avoidance, transfer pricing and tax exemption claims.

With insights in tax dispute resolution, Felix also has ample experience in providing practical tax and business advice from a dispute prevention angle, including tax health check, defence file building, post-audit restructuring, tax due diligence and charity set up.

Language English
Date and Time 2025/09/24 10:30 to 12:00
Venue Chamber Theatre, 22/F United Centre
Media Closed to media
Enquiries Zoey Leung
Tel: 28231245
Email: zleung@chamber.org.hk
Fee Members @ HK$130 / Non-Members @ HK$260
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
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.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.

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