Funding Scheme

RGC Inter-Institutional Development Scheme

Project Title

Symposium of Taxation: The Era of BEPS

Project Team (HSMC Staff) 

Ms Joey LEE, Department of Accountancy (PI)

Ms Betty KWOK, Department of Accountancy (Co-PI)

Dr Brossa WONG, Department of Accountancy (Co-I)

Ms SHI Shanshan, Department of Accountancy (Co-I)

Mr Chris CHENG, Department of Accountancy (Co-I)

Dr Eden CHOW, Department of Accountancy (Co-I)

Other Collaborating Parties

N/A

Project Period

1-1-2017 to 31-12-2017 (completed)

Funding Amount (HKD)

793,140

Abstract

What is BEPS (Base Erosion and Profits Shifting)?

By OECD definition, BEPS refers to tax planning strategies that exploit gaps and mismatches in tax rules of different jurisdictions to artificially shift profits to low or no-tax regions where there is little or no economic activity, resulting in little or no overall corporate tax being paid.

 

Driven by the call from the G20 leaders, OECD commenced work on developing measures and framework to fill up the gaps and mismatches in tax rules of different jurisdictions, to ensure that taxing rights between countries are fairly allocated. A comprehensive package of 15 action plans is developed by OECD. Although these measures are not legally binding, they are expected to be implemented by all participating countries with an aim to achieving the global fairness of taxing rights.

 

This Symposium of Taxation

This Symposium of Taxation with an aim to provide a platform for knowledge exchange on tax development in BEPS and the OECD’s 15 action plans. It is intended to offer a timely platform to share information amongst business players, tax practitioners, academics and government officials, in order to bridge the gaps between practical and theoretical perspectives. Guests and speakers from Hong Kong, the Mainland China, and other parts of the world (such as the US) would be invited to share their insights and facilitate cross-disciplinary networking.

 

 

 http://taxsym2017.hsmc.edu.hk/