Hong Kong tax audit

Recent tax issues being queried by IRD

  • Macau offshore company - Peak review year for IRD
  • Depreciation allowance on plant and machinery used outside Hong Kong under section 39E
  • Related party transactions
  • Transfer pricing issues
  • Royalties
  • Management / consultancy fee
  • Hong Kong branch of overseas head office
  • Investment fund

If a tax audit file is opened, the IRD will follow the below review cycle before they can conclude the case.

Review cycle of a tax audit

 

 

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Contact us

Kenneth Wong

Partner, PwC Hong Kong

Tel: +[852] 2289 3822

Philip Hung

Director, PwC Hong Kong

Tel: +[852] 2289 3130

Angela Ho

Associate Director, PwC Hong Kong

Tel: +[852] 2289 3860

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