On 20th December the OECD published details of their global minimum tax proposals. These will reshape the global tax landscape and could have a wide range of implications for large multinational enterprise groups.
In less than 12 months, significant changes are expected to be introduced to Hong Kong's tax system as a result of the OECD's BEPS 2.0 initiatives and the inclusion of Hong Kong SAR in the EU's tax 'grey-list'. This will result in significant tax increases for some groups. Others may need to consider whether their current business arrangements are still the most appropriate, while all will face the challenge of understanding the complex new rules and ensuring they have the necessary systems in place to meet their compliance obligations.
In this webinar, we will discuss how the OECD's BEPS 2.0 Pillar 2 rules may affect businesses in Hong Kong and the key areas for consideration. Key topics that will be discussed include:
Partner, Tax at KPMG
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