During this Breakfast Session, you will be update by PwC Tax experts Joanna Ip and Adrian Arn, on two current topics: GBA Tax incentives and Hong Kong's Refined Foreign Sourced Income Exemption ("FSIE").
GBA Tax Incentives: One year later.
One year after our session on proposed preferential policies offered within the GBA, we are revisiting the topic with the latest updates with a focus on tax incentives to investors and businesses from both a corporate and individual tax perspective
Salient points:
Hong Kong's Refined Foreign Sourced Income Exemption ("FSIE"), a game changer?
The Inland Revenue (Amendment) (Taxation on Specified Foreign-sourced Income) Bill 2022 ("the Bill") was gazetted on 28 October 2022, which introduces refinements to Hong Kong's foreign source income exemption ("FSIE") regime for four types of offshore income, namely (1) interest, (2) dividends, (3) disposal gains from the sale of equity interests, and (4) income from intellectual property ("IP") (collectively, "specified foreign-sourced income") expected to take effect from 1 January 2023.
In this session, we will focus on the following salient points: