In this seminar, speakers from the Inland Revenue Department would walk you through:
- The Tax Deduction Regime
- Details of Deduction Rules
- Qualifying research and development ("R&D") Activity – Key Concepts and Illustrations
- Future Implementation
- Examples relating to R&D Activity
Mr. KK So
Chair, Institute's Taxation Faculty Executive Committee, and Partner - Tax Services, PwC
Mr. Brian CHIU Kwok-kit, JP
Deputy Commissioner (Technical), Inland Revenue Department
Mr. Chiu is now the Deputy Commissioner (Technical) of the Hong Kong Inland Revenue Department. His present portfolio includes tax treaties, transfer pricing, tax appeals, technical research and advance ruling. He is the head of the Hong Kong delegation in a number of tax treaty negotiations, having overall responsibility of the work of the Tax Treaty Section.
He is currently engaged in the work relating to AEOI, BEPS and other technical legislative amendments (including the framework of enhanced tax deduction for qualifying R&D activities). He is a member of ACCA, HKICPA, ICAEW, CPA(Aust) and TIHK.
Ms. Michelle CHAN Shun-mei
Chief Assessor (Special Duties), Inland Revenue Department
Ms. Chan currently holds the post of Chief Assessor (Profits Tax) in the Inland Revenue Department and is responsible for the overall management of a division in Unit 1, which deals with tax affairs of corporate taxpayers. In the past, she handled a number of amendment bills including super tax deduction for qualifying R&D activities. She is a member of HKICPA.