Hong Kong Transfer Pricing: Recent Developments and Deadlines

Hong Kong Transfer Pricing: Recent Developments and Deadlines March 2, 2021 Further to the implementation of the three-tier transfer pricing (“TP”) documentation rules in Hong Kong, many multinational enterprises are working with their TP specialists to fulfil the relevant obligations. This newsletter provides information as follows: Deadlines for Country-by-Country Notifications, Master File and Local File […]

Hong Kong Transfer Pricing 2020: Master File and Local File Deadlines

Hong Kong Transfer Pricing 2020: Master File and Local File Deadlines September 9, 2020 If your Hong Kong entity is part of a multinational enterprise (“MNE”) group and carries out related party transactions, it could be subject to mandatory Master File and Local File documentation requirements if it does not satisfy the exemption criteria. This […]

New IIT Regime: First Annual Individual Income Tax Filing on Comprehensive Income

New IIT Regime: First Annual Individual Income Tax Filing on Comprehensive Income June 16, 2020 As the deadline for China IIT annual filing on comprehensive income is approaching, we have summarized the key points for your reference, which include:  What is IIT annual filing for comprehensive income How to calculate the estimated additional tax payable/ […]