11 September 2023 Recent Common Tax Issues for Charities

Aug 31, 2023

On 31 July 2023, the Inland Revenue Department (“IRD”) issued a letter to all approved charitable organizations (“Approved Charities”) under Section 88 of the Inland Revenue Ordinance ("IRO") as a reminder of potential profits tax liabilities from carrying on business or trade in Hong Kong.

Not all income derived by the Approved Charities are automatically exempt from tax, and the Approved charities may have tax reporting and withholding obligations. Any misstatement or under-reporting may lead to penalties or even revoking of tax exemption status.

In this seminar, we shall share our insight and practical experience in handling common tax issues faced by the Approved Charities and have interactive small group discussions with all participants.

This seminar will cover:

-Introduction of IRD’s latest charity tax guide

• Common tax issues faced by the Approved Charities and case sharing

• Group discussions

慈善機構最近常見稅務問題

香港稅務局於 2023 年 7 月 31 日向所有根據《稅務條例》第 88 條獲認可豁免繳稅的慈善團體（以下簡稱“慈善團體”）發出信函，提醒他們在香港經營行業或業務可能須繳納利得稅。

慈善團體並非所有收入均獲自動免稅，慈善團體仍有可能有稅務申報或扣繳責任。任何誤報或少報都可能導致處罰，甚至被取消免稅資格。

本次研討會將分享我們對處理慈善機構常見稅務問題的經驗和見解，並與所有參與者進行互動的小組討論。研討會内容包括：

• 介紹稅務局最新慈善稅務指南

• 慈善機構面臨的常見稅務問題及個案分享

• 小組討論

Event Details:

Date: 11 September 2023 (Monday)

Time: 6:30pm - 8:00pm

Venue: The Auditorium, Duke of Windsor Social Service Building, 15 Hennessy Road, Wan Chai, Hong Kong

Fee: $100 for members and colleagues of Association of Women Accountants / Hong Kong Council of Social Services / Association of Christian Accountants

      $150 for non-members

CPD: 1.5 hours

Language: Cantonese

Speakers

Karen Au, Partner, PwC Tax Controversy Services Team

Felix Tsang, Associate Director, PwC Tax Controversy Services Team

Adeline Chiu, Senior Consultant, PwC Tax Controversy Services Team

Jocelyn Li, Senior Consultant, PwC Tax Controversy Services Team

For registration, please click : REGISTER