GIC / GCC Event Photos

Lunch Seminar: Corporate Treasury Centre Incentive in Hong Kong - Opportunities and Limitations

Chamber Event Download event
Begin:
15.11.2016 | 12:30
End:
- 14:00
Location:
GIC / GCC Hong Kong Office

Mr. Claus Schuermann, Partner – International Tax and Ms. Samantha Tan, Tax Senior Manager International and M&A Tax Services of Deloitte, presented an overview of the new corporate treasury centre - What is a ‘qualifying CTC’. They shared their insights on the limitations and potential practical issues of adopting the CTC rules, the longstanding constraint on interest deductibility in Hong Kong, and Specific limitations for groups headquartered in Germany. Mr. Schuermann demonstrated the pros and cons of interest deduction and deeming rules as well as the limitations under German CFC regulations. Ms. Tan went through a comprehensive comparison between the CTC regime in Hong Kong and the FTC incentive in Singapore.