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 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.
