In recent years, the Hong Kong Inland Revenue Department (IRD) has been deploying more resources in conducting tax audit on the taxpayers’ business affairs. Foreign companies and its expatriates are also being targeted by Hong Kong IRD. In view of this, the Italian Chamber has invited Mr Philip Hung – Director of Tax Controversy Service of PwC to share with us on how the IRD selects cases for tax audit, especially those areas which likely trigger a tax audit on the foreign company and its expatriate.