The Resource Boosting Hong Kong's competitiveness in the BEPS era

Boosting Hong Kong's competitiveness in the BEPS era

Label
Boosting Hong Kong's competitiveness in the BEPS era
Title
Boosting Hong Kong's competitiveness in the BEPS era
Creator
Subject
Language
eng
Summary
The OECD final package of the 15-point Action Plan is not the end, but only part of the journey in tackling base erosion and profit shifting (BEPS). In the BEPS era, it is important that jurisdictions cooperate with each other and introduce domestic laws and regulations to implement the recommendations. Recently, Hong Kong has made rapid developments. The extension of the profits tax exemption to offshore PE funds is a positive step taken by the Hong Kong government to enhance Hong Kong as a competitive international asset management center. The new CTC (corporate treasury centers) regime provides a more tax-friendly environment for MNEs to set up their group treasury functions in Hong Kong. These measures are conducive to Hong Kong's economic growth and will put Hong Kong in a more competitive position as a premier regional asset-management center and an international financial center. All in all, Hong Kong aims to play the role of super-connector between Mainland China and the rest of the world
Citation source
In: International tax journal. - Riverwoods. - Vol. 43 (2017), no. 4 (July-August) ; p. 17-32
http://library.link/vocab/creatorName
Ho, D.H.K
Geographic coverage
Asia
Language note
English
http://library.link/vocab/subjectName
  • BEPS Action Plan
  • transfer pricing
  • tax competition
  • PE
  • tax haven
  • offshore fund
  • safe harbour
Label
Boosting Hong Kong's competitiveness in the BEPS era
Instantiates
Publication
Label
Boosting Hong Kong's competitiveness in the BEPS era
Publication

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.37366609999999 4.9336932
Processing Feedback ...