Webinar: Hong Kong’s foreign-sourced income exemption regime: refinements and updates

International Tax Review is part of Legal Benchmarking Limited, 4 Bouverie Street, London, EC4Y 8AX

Copyright © Legal Benchmarking Limited and its affiliated companies 2025

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Webinar: Hong Kong’s foreign-sourced income exemption regime: refinements and updates

Sponsored by

sponsored-firms-kpmg.png
Article image.png

Join ITR and KPMG China at 5pm Beijing time (9am GMT) on December 12 2023 to hear about the most recent changes to the foreign-sourced income exemption regime

The foreign-sourced income exemption (FSIE) regime, which became effective on January 1 2023, is one of the biggest changes in the basic tenor of taxation in Hong Kong’s history. An amendment bill to expand the scope of assets covered under the FSIE regime was gazetted on October 13 2023. This change should be coupled with amendments to the Hong Kong Inland Revenue Ordinance enhancing the tax certainty in connection with onshore qualified equity disposal gains that were gazetted on October 20 2023.

In this webinar, John Timpany and Eugene Yeung, respectively the head of tax and a tax partner at KPMG China, will discuss what they have observed in the 11 months since the enactment of the FSIE regime, and the features of the proposed changes to the law. They will also share insights on actions that may be required before year end.

Sign up now for this free webinar and hear how the changes to the FSIE regime could affect your organisation.

more across site & shared bottom lb ros

More from across our site

E-invoicing is currently characterised by dynamism, with fragmentation acting as a key catalyst for increasing interoperability, says Aida Cavalera of the International Observatory on eInvoicing
Pillar two and the US tax system ‘could work in harmony’, Scott Levine tells ITR in an exclusive interview to mark his arrival at Baker McKenzie
Peter White, who has a tax debt of A$2 million, has been banned for five years from seeking registration with Australia’s Tax Practitioners Board (TPB)
Wopke Hoekstra’s comments followed US measures aimed against ‘unfair foreign taxes’; in other news, Grant Thornton and Holland & Knight made key tax partner hires
An Administrative Review Tribunal ruling last month in Australia v Alcoa represents a 'concerning trend' for the tax authority, one expert tells ITR
A recent decision underlines that Indian courts are more willing to look beyond just legal compliance and examine whether foreign investment structures have real business substance
Following his Liberal Party’s election victory, one source expects Mark Carney to follow the international consensus on pillar two, as experts assess the new administration
A German economics professor was reportedly ‘irritated’ by how the Finnish ministry of finance used his data
Countries that care about the fair taxation of tech multinationals and equitable global distribution of wealth should back the UN’s tax framework, writes economist Abdelmalek Riad
The cuts disproportionately affected staff in certain positions, the report also found; in other news, MHA announced the €24m acquisition of Baker Tilly South East Europe
Gift this article