The implications of Automatic Exchange of Information (AEOI) to taxpayers - Workshop 2016

In July 2014, the Organisation for Economic Cooperation and Development (OECD) released the full version of the Standard for Automatic Exchange of Financial Account Information in Tax Matters (the Standard), commonly referred to as Common Reporting Standards (CRS), calling on governments to obtain detailed account information from their financial institutions and exchange that information automatically with other jurisdictions on an annual basis. The Standard sets out the scope of financial information to be reported, the financial institutions that need to report, the different types of accounts and taxpayers covered, as well as common due diligence procedures to be followed by financial institutions. The idea is based on the USA Foreign Account Tax Compliance Act (FATCA).  

The workshop will cover:
- Background of Convention on Mutual Administrative Assistance in Tax Matters
- Role of Global Forum on Exchange of Information and Transparency for Tax Purposes (Global Forum) on AEOI
- Objectives of CRS/FATCA
- Reporting scope of CRS and FATCA
- Implications to taxpayers
- Other exchange of information related development: BEPS Action 13 (Transfer Pricing Documentation and Country-by-Country Reporting)

Language: Cantonese supplemented with English

Learning objectives

You will gain the understanding on the Convention on Mutual Administrative Assistance in Tax Matters and the reporting scope of CRS and FATCA.  Hear insights from the following subject matter expert:

Dicy To
Dicky is the Tax Partner of RSM Tax Advisory (Hong Kong) Limited , specialized in provision of structure, transaction and tax advisory services for inbound and outboard investments to and from Hong Kong/China.

Dicky was qualified with Arthur Andersen & Co. in Hong Kong and worked with the Tax & Business Advisory Division of Arthur Andersen's Hong Kong and Shanghai Offices for more than nine years.  He left the professional field and worked with two Hong Kong listed companies as their Chief Operating Officer from 2000 to 2002. Dicky joined RSM Hong Kong in April 2003.



The program is suitable for Management Accountants, Financial Planners and Analysts, Finance Controllers, Management team, Business Unit Managers and anyone who wants an understaning on the impliactions of Automatic Exchange of Information (AEOI) to taxpayers, the

2 hours