This year marks the 10th anniversary of the Belt and Road Initiative(BRI).On behalf of the Inland Revenue Department of Hong Kong SAR,China,I would like to extend our sincere congratulations on this historic milestone...This year marks the 10th anniversary of the Belt and Road Initiative(BRI).On behalf of the Inland Revenue Department of Hong Kong SAR,China,I would like to extend our sincere congratulations on this historic milestone.I would also like to take the opportunity to express our heartiest appreciation for the work undertaken by the Belt and Road Initiative Tax Administration Cooperation Mechanism(BRITACOM)to promote tax cooperation under the framework of the BRI.展开更多
This article provides an overview of the principles and policies adopted by the Hong Kong Special Administrative Region of the People’s Republic of China(Hong Kong)in implementing the Base Erosion and Profit Shifting...This article provides an overview of the principles and policies adopted by the Hong Kong Special Administrative Region of the People’s Republic of China(Hong Kong)in implementing the Base Erosion and Profit Shifting(BEPS)2.0 measures.It also argues that implementing the global minimum tax would not undermine Hong Kong’s region competitiveness and a minimum top-up tax in Hong Kong region is the logical response measure to safeguard Hong Kong’s region taxing rights.Finally,the article comments that MNEs will find non-tax attributes of a jurisdiction to be of greater importance in the post-BEPS 2.0 era.展开更多
文摘This year marks the 10th anniversary of the Belt and Road Initiative(BRI).On behalf of the Inland Revenue Department of Hong Kong SAR,China,I would like to extend our sincere congratulations on this historic milestone.I would also like to take the opportunity to express our heartiest appreciation for the work undertaken by the Belt and Road Initiative Tax Administration Cooperation Mechanism(BRITACOM)to promote tax cooperation under the framework of the BRI.
文摘This article provides an overview of the principles and policies adopted by the Hong Kong Special Administrative Region of the People’s Republic of China(Hong Kong)in implementing the Base Erosion and Profit Shifting(BEPS)2.0 measures.It also argues that implementing the global minimum tax would not undermine Hong Kong’s region competitiveness and a minimum top-up tax in Hong Kong region is the logical response measure to safeguard Hong Kong’s region taxing rights.Finally,the article comments that MNEs will find non-tax attributes of a jurisdiction to be of greater importance in the post-BEPS 2.0 era.
