Annual Tax Conference

2016Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward 30 April 2016, Saturday Conrad Hong Kong

Registration Enquiry

Conference Secretariat:Mastermind Events LimitedEnquiry Hotline: 2114 2811

Fax: 2114 1969Email: acca@mastermindevents.com.hk

About the ConferenceThe HKSAR Government has committed to play an active role to facilitate the implementation of China’s Belt and Road Initiative. Hong Kong, with a highly open economy with extensive and strong external connections, is seen as a ‘super connector’ in this Belt and Road project. While complementing the national strategies of going global and attracting investments, what are the co-operation opportunities for Hong Kong businesses with these emerging markets? On the other hand, with a stronger connectivity between economies, will the BEPS measures released by OECD (Organisation for Economic Co-operation and Development) bring any implications on Hong Kong businesses? How can finance professionals better grasp the opportunities but also prepare for any challenges? ACCA Hong Kong has invited OECD, the Inland Revenue Department and a tax expert to provide an update of the latest development of BEPS measures and implications on Hong Kong businesses. There will also be discussions and exchange of views amongst finance professionals regarding developing potential and business opportunities for Hong Kong businesses as well as the challenges ahead.

Event DetailsACCA Hong Kong Annual Tax ConferenceHong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward Date: 30 April 2016 (Saturday)Time: 09.30 – 13.00 (Registration from 09.00)Venue: Conrad Hong Kong, Grand Ballroom (Level LL) PacificPlace,88Queensway,HongKongMedium of Language: English and CantoneseFees:ACCA Member (online enrolment) ...............................HK$480ACCAMember/Affiliate/Student ..............................HK$500Staff of Approved Employer ..........................................HK$600Non-member ..................................................................HK$800CPD Units: 3.5

Deadline for enrolment: 22 April 2016

Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward ACCA Hong Kong Annual Tax Conference 20162 3

SpeakersProgramme Rundown

Pascal Saint-AmansDirector, Centre for Tax Policy and Administration, Organisation for EconomicCo-operation and Development (OECD)

Pascal Saint-Amans took on his duties as Director of the Centre for Tax Policy and Administration at the OECD on 1 February 2012. Pascal, a French national, joined

the OECD in September 2007 as Head of the International Co-operation and Tax Competition Division in the CTPA. He played a key role in the advancement of the OECD tax transparency agenda in the context of the G20. In October 2009, he was appointed Head of the Global Forum Division, created to service the Global Forum on Transparency and Exchange of Information for Tax Purposes, a programme with the participation of over 100 countries.

Pascal graduated from the National School of Administration (ENA)in1996,andwasanofficialintheFrenchMinistryforFinance for nearly a decade. He held various positions within the Treasury, including heading the supervision of the EU work on direct taxes and overseeing legislation and policy on wealth tax and mergers and spin offs. He was also the head of tax treaty negotiations and mutual agreement procedures. In this capacity, he participated in the OECD Working Party No. 1 of the Committee on Fiscal Affairs as the delegate for France before being elected Chair of WP1 in 2005. He was also a member of the UN Group of Experts on International Co-operation in Tax Matters, becoming a ‘rapporteur’ in 2006. Before leaving government service, he was Deputy Director in charge of litigation at the Direction Générale des Impôts.

Pascal also served as Financial Director of the Energy Regulation Committee between 1999 and 2002 and was responsible for the introduction of new electricity tariffs.

Having earned a degree in history, Pascal also received a degree from the Institut d’études politiques of Paris.

Arthur Lee, FCCAChairman, ACCA Hong Kong and Assistant President, Company Secretary & General Manager, Investor Relations, CGN New Energy Holdings Co Ltd

Arthur Lee has been a committee member of ACCA Hong Kong since 2010, serving as the Co-chairman of its Student Affairs

Sub-committee from 2012 to 2014. He is currently the Assistant President, Company Secretary and General Manager of Investor Relations with CGN New Energy Holdings Co Ltd, an independent power producer.

Arthur has been with both public accounting firm and several different industries in the commercial sector, with roles in financial controllership, strategy and general management.

Arthur is a past president with Rotary Club of Hong Kong Northeast. He is also a member of CUHK Convocation’s standing committee and is currently the Executive Vice Chairman of the Youth Committee of Hong Kong Chinese Enterprise Association. Arthur is a fellow member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and the Hong Kong Institute of Chartered Secretaries (HKICS), a member of the Chartered Institute of Management Accountants (CIMA), and a Chartered Financial Analyst (CFA).

09.00 – 09.30 Registration and Refreshment

09.30 – 09.40(English)

Welcome AddressArthur Lee, FCCA, Chairman, ACCA Hong Kong

09.40 – 09.50 Souvenir Presentation

09.50 – 10.00(Session 1)(English)

Video Sharing: Latest International Trends and Developments on BEPS

Speaker:Pascal Saint-Amans, Director, Centre for Tax Policy and Administration, Organisation for Economic Co-operation and Development (OECD)

10.00 – 10.45(Session 2)(English)

Obligation to Implement the Project of G20 against BEPS

Speaker:Brian Chiu, JP, FCCA, Deputy Commissioner (Technical), Inland Revenue Department

Moderator:Davy Yun, FCCA, Co-chairman, Tax Sub-committee, ACCA Hong Kong

10.45 – 11.30 (Session 3)(English)

BEPS Implications for Businesses in Hong Kong

Speaker:Michael Olesnicky, Special Advisor, Tax, KPMG

Moderator:Kenneth Wong, FCCA, Co-chairman, Tax Sub-committee, ACCA Hong Kong

11.30 – 11.45 Networking Break

11.45 – 13.00(Session 4)(Cantonese)

Discussion Forum: Opportunities and Challenges for Hong Kong under the ‘Belt and Road’ Initiatives

Speakers:Arthur Lee, FCCA, Chairman, ACCA Hong Kong and Assistant President, Company Secretary & General Manager, Investor Relations, CGN New Energy Holdings Co Ltd

Dr Li Kui-wai, Associate Professor, Department of Economics & Finance, College of Business, City University of Hong Kong

Caesar Wong, FCCA, Partner, Tax & Business Advisory Services, Deloitte China

Pansy Yau, Deputy Director of Research, HKTDC Research

Moderator:Dicky To, FCCA, Partner, RSM Hong Kong

13.00 Conference Ends

Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward ACCA Hong Kong Annual Tax Conference 20164 5

Speakers

Brian Chiu, JP, FCCADeputy Commissioner (Technical), Inland Revenue Department

Brian Chiu joined the Inland Revenue Department after finishing his study in accountancy at Hong Kong Polytechnic University. He subsequently obtained his master degree in international accounting

from City University of Hong Kong and his bachelor and master of law degrees from Peking University and University of London. He is a member of HKICPA, ICAEW, ACCA, CPA(Aust) and TIHK.

Brian is now the Deputy Commissioner (Technical) of the Hong Kong Inland Revenue Department. His present portfolio includes tax treaties, transfer pricing, tax appeals, technical research, advance ruling. He is the head of the Hong Kong delegation in a number of tax treaty negotiations, having overall responsibility of the work of the Tax Treaty Section. He is currently engaged in the work relating to AEOI and BEPS.

Michael OlesnickySpecial Advisor, Tax, KPMG

Michael Olesnicky was a lawyer in private practice for over 25 years and is now with KPMG. Michael’s experience has centred around corporate tax and tax dispute work, as well as wealth management and estate planning matters. He has been the

Chairman of the Joint Liaison Committee on Taxation, which is a quasi-governmental committee which interfaces between tax practitioners and the Hong Kong Inland Revenue Department, from 1986 to now. He formerly served on the Hong Kong Inland Revenue Board of Review. He has served on a number of governmental and quasi-governmental tax committees in Hong Kong, and was previously a member of the Law Faculty at Hong Kong University where he remains as an Honorary Lecturer in the Department of Professional Legal Education.

Dr Li Kui-waiAssociate Professor, Department of Economics & Finance, College of Business, City University of Hong Kong

Dr Li Kui-wai earned all his university and post-graduate degree education from the United Kingdom, the Netherlands and the United States, and has worked as a

consultant to international institutions, foreign governments and businesses, and has regularly been interviewed by local and foreign press, radio and television on Hong Kong, Mainland China and foreign issues. Dr Li has published numerous refereed articles and has contributed chapters to edited books. He is the author and editor of four books on Asia, China and Hong Kong. He has previously visited Yale University and George Mason University in the United States, University of Tokyo and Hosei University in Japan, and University of Toronto in Canada. He has taught in University of Geneva in Switzerland and Vilnius University in Lithuania. In teaching and research, Dr Li specialises in the Asia Pacific economies, including the China economy, financial crisis and economic development, industry and trade, political economy and globalisation.

Caesar Wong, FCCAPartner, Tax & Business Advisory Services, Deloitte China

Caesar has solid experience in delivering China and international tax and business projects. He was seconded to Shanghai from Hong Kong back in 1994, and was relocated to Guangzhou to provide tax

and business solutions to clients in diversified industries. His services include business model mapping, investment location studies, investment incentive conclusion, tax efficient holding and operational structure planning, business formation, tax consultation, tax ruling applications.

Caesar is also specialized in China's Free Trade Zone advisory, and providing consulting services to China and overseas governments. He is a frequent speaker at government policy consultation meetings and trainings. Over recent years, he has provided services to the governing bodies at Shenzhen Qianhai,ZhuhaiHengqin,ShenzhenShekouIndustrialZoneas well as different government authorities of Guangzhou municipal, Nansha New Area, Aerotropolis District and Tianhe CBD, etc.

Caesar is FCCA, FTIHK, CTA(HK), HKICPA. He is the first batch of experts appointed by Guangzhou Municipal Board for International Investment, and the first China tax member at the ACCA Global Forum for Taxation. He is the Chairman of China Taxation Committee of The Taxation Institute of Hong Kong, and a Member of China Tax Sub-Committee of ACCA Hong Kong Branch.

Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward ACCA Hong Kong Annual Tax Conference 20166 7

Speakers Moderators

Pansy YauDeputy Director of Research, HKTDC Research

Pansy Yau has 26 years of experience in economic and business research. Pansy joined the HKTDC in 1991. She is now the Deputy Director of the Research Department. As the Deputy Director of

Research, Pansy is responsible for the overall supervision of the Department’s research programme, ensuring the Department functions as a centre of strategic business development and market intelligence for Hong Kong’s commercial sector.

Pansy was previously the Head of the Department’s Greater China Research Team. Her major areas of research include: Hong Kong‘s relations with Greater China, China’s economic reforms and development, China’s consumer market and evolution in the regional supply chains and sourcing.

Dicky To, FCCAPartner, RSM Hong Kong

Dicky is a Tax Partner of RSM Hong Kong, specialised 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 Nelson Wheeler in April 2003.

The scope of services provided by Dicky include: PRC taxation system, PRC customs duty and import/export procedures, PRC foreign exchange regime, foreign investment guidelines and WTO/CEPA implications, corporate holding and operating structure advice, individual income tax planning and compliance, repatriation of earnings/funding from the PRC, etc.

Dicky is an active speaker on PRC tax and related areas with the American Institute of Certified Public Accountants, Hong Kong Institute of Certified Public Accountants, ACCA Hong Kong, Hong Kong Baptist University, the Hong Kong Metals Manufacturing Associations, Shenzhen University, South China Technology University, etc. Dicky has also acted as an expert witness on Hong Kong/China cross border customs, taxation and foreign exchange issues on a Hong Kong High Court case.

Davy Yun, FCCACo-chairman, Tax Sub-committee, ACCA Hong Kong

Davy Yun is a Tax Services Partner of Deloitte Touche Tohmatsu. He leads the National Technical Centre of Deloitte in Hong Kong. His clients include local and multi-national companies of different

industries. His special areas include merger and acquisition, corporate restructuring, holding company structure, permanent establishment,andadvisingontaxationissuesoffinancialservices industry, trading and manufacturing businesses.

Prior to joining Deloitte, he worked in the Hong Kong and SingaporeofficesofanotherBigFouraccountingfirm,aUSinvestment bank in Hong Kong, and the Hong Kong Inland Revenue Department.

Kenneth Wong, FCCACo-chairman, Tax Sub-committee, ACCA Hong Kong

Kenneth Wong joined PwC Hong Kong in 1997 and is now a Tax Partner in the International Tax and Mergers & Acquisition group. He has been serving ACCA Hong Kong Tax Sub-committee since

2010; and was elected to ACCA Hong Kong Committee in 2014.

Kenneth has extensive experience in Hong Kong and regional tax planning and consulting, including corporate structuring, mergers and acquisition, tax due diligence, IPOs, etc.

In 2006, Kenneth was seconded to PwC Belgium to promote HongKong’sfirstcomprehensivetaxtreatywithBelgiumandhelpEuropeanclientssetuptaxefficientstructuresforinvestments into Asia, especially China.

Kenneth is the President of Institute of Accountants Exchange. HeisalsoamemberofTheHongKongInstituteofCertifiedPublic Accountants and The Taxation Institute of Hong Kong, andaCertifiedTaxAdvier(HK).

Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward ACCA Hong Kong Annual Tax Conference 20168 9

About ACCAACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. It offers business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 178,000 members and 455,000 students in 181 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 95 offices and centres and more than 7,110 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conduct relevant research to ensure accountancy continues to grow in reputation and influence.

As the first global accountancy body entering into China, ACCA now has 24,000 members and 61,000 students, with 8 offices in Beijing, Shanghai, Chengdu, Guangzhou, Shenzhen, Shenyang, Hong Kong SAR, and Macau SAR.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. It believes that accounting professionals bring value to economies in all stages of development and seek to develop capacity in the profession and encourage the adoption of global standards. ACCA’s core values are aligned to the needs of employers in all sectors and it ensures that through its range of qualifications, it prepares accountants for business. ACCA seeks to open up the profession to people of all backgrounds and remove artificial barriers, innovating its qualifications and delivery to meet the diverse needs of trainee professionals and their employers.

For more information, please visit:

www.accaglobal.com www.facebook.com/ACCA.HongKong

Participants’ Particulars (Please use ENGLISH BLOCK letters to complete the form) Name of Participant Membership No (if any) Company Position Email (for confirmation)(see note 9) Tel Mobile No

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If the contact person is different from the above, please provide the details here Contact person Tel Mobile No

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Fee No. of participant(s) Total

HK$500 (ACCA Member/Affiliate/Student) 1 HK$600 (Staff of Approved Employer) HK$800 (Non-member)

Grand Total: $

Payment Method2 Cheque (payable to “The Association of Chartered Certified Accountants”)

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2 Please tick the appropriate box Important notes: 1. ACCA Hong Kong reserves the right to cancel or make any changes to the event. No refund will be made unless the event is cancelled. 2. Enrolment by fax is ONLY acceptable for payments by credit cards. Only VISA and MASTERCARD will be accepted. Please fax to 852 2114 1969. 3. For cheque payment, a cheque MUST be attached to the completed enrolment form; otherwise the enrolment will be rejected. 4. Please issue separate cheques for different seminars/workshops and/ or activities you enrol, otherwise ACCA Hong Kong reserves the right to reject the enrolment. 5. To facilitate the orderly allocation of enrolments via online, fax and mail, valid applications will be processed on a first-come-first-served basis for enrolments through each

individual means. ACCA reserves the absolute right to make adjustments to the allocation of enrolments between different application channels in response to prevailing application status. In case the event is over-subscribed, the priority of enrolments will be given in the following order: ACCA Members, Affiliates, Students, Staff of Approved Employers and Non-members.

6. Members must fill in their membership no. for verification of their status. Enrolment forms with incomplete information will not be accepted. 7. Each enrolee will be notified via EMAIL of the result of their application for enrolment within five working days after the deadline of enrolment. 8. If you do not have an email address for receiving the conference confirmation, please provide your fax no. here: 9. If you do not receive any notifications regarding the enrolment status prior to the commencement of the event, please contact our Event Secretariat. All

unsuccessful application forms will be shredded after the event unless those which are paid by cheque will be returned to the enrolees. 10. The number of CPD units granted is corresponding to the number of hours of the conference scheduled. For those who arrive late and/or depart early from the scheduled

time, the CPD units will have to be discounted corresponding to the actual time of attendance by the attendee. 11. The on-line enrolment system is now available to ACCA members. Members are invited to make use of this system to facilitate your enrolment process. 12. The event may be cancelled/re-scheduled when typhoon no. 8 or black rainstorm warning is hoisted. Please refer to ACCA Hong Kong website for detailed arrangements. 13. Promotional discount for online enrolment is subject to review without prior notice. 14. Personal data held by ACCA related to you will be kept confidential but they may be transferred to a third party providing services to ACCA in relation to the organisation of

this event. 15. Any personal data provided in this form will only be used for the purpose of carrying out the above-mentioned conference. You are required to supply the data in order to

process your enrolment. You have rights of access and correction with respect to your personal data. If you wish to exercise these rights with respect to your personal data held by us, please contact the ACCA Hong Kong office.

16. ACCA Hong Kong office now operates from Monday – Friday, 10.00 – 12.30 and 14.00 - 18.00 (Closed during lunch hours from 12.30 to 14.00).

FOR OFFICE USE ONLY (TC20160430) Authorisation code: Handled by:

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Online enrolment (for MEMBERS only) is now available for THIS event, please visit http://www.accaglobal.com/hk/en/member/cpd/cpd-events.html

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Online enrolment (for MEMBERS only) is now available for THIS event, please visit http://www.accaglobal.com/hk/en/member/cpd/cpd-events.html

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enrolment form for annual tax conference Hong Kong as a ‘super connector’ in the Belt and Road project in the BEPS era: The way forward (TC20160430)

Please complete this form in BLOCK LETTERS and send it with payment or fax it to our Event Secretariat - Mastermind Events Limited: Address: unit 2501, Billion Trade Centre, 31 Hung To Road, Kwun Tong, Kowloon, Hong Kong Tel: +852 2114 2811 Fax: +852 2114 1969 (for enrolments only) Email: acca@mastermindevents.com.hk Enrolment Deadline: 22 April 2016