The IRD regularly completes more than 1,800 tax audits each year. If your company is the subject of an audit by the IRD, there are a number of proactive steps it may take to manage the process, and avoid or reduce the risk of penalties.

Since the IRD applies a procedure of assess first, audit later, it is common for the audit process to proceed simultaneously with an objection to an assessment. The Hong Kong courts have recently handed down decisions regarding the appeals process before the Commissioner, the Board of Review and the courts. 2013 also saw some landmark tax decisions, and successes for the taxpayer, on profits tax issues.

Is your business ready to respond to a tax audit? Do you know the latest legal position on tax appeals and profits tax issues in Hong Kong?

Join us in this combined presentation by Ernst & Young and Mayer Brown as we explore common issues and recent developments in Hong Kong tax controversy.

CPD Points
Under application

Date & Time
Wednesday, 19 February 2014
8:30 a.m. Registration and light breakfast
9:00 a.m. - 10:30 a.m. Seminar

Location
Mayer Brown
18th Floor, Prince's Building
10 Chater Road, Central
Hong Kong

The seminar is free of charge; however, due to limited seating, registrations are available on a first-come, first-served basis.

For additional information, please contact Ellen Pak at ellen.pak@mayerbrown.com or +852 2843 4427.