Results: 35 user(s) and 1832 document(s)

21/01/2021page

Leadership in AI 2021: boards, barriers and new beginnings

One of the biggest technological issues for boards and their businesses over the coming months will be managing the implementation and expectation of artificial intelligence ‘AI’ technologies. Organisations are increasingly leveraging technology in response to the pandemic and it has undoubtedly accelerated interest in automation. Mazars, in collaboration with Board Agenda and INSEAD, has surveyed boards about their experiences with artificial intelligence (AI) technologies. How are they adopting or planning to adopt AI? What are the barriers and benefits to using these technologies. How will AI impact upon their business and culture?

20/01/2021page

January 2021 - Changes are around the corner: the BEPS 2.0 Pillar 1 update

In October 2019, the OECD released proposals for a new unified approach to taxation of multinational enterprises in the digital environment, the so-called Pillar 1 of the BEPS 2.0 project. In November 2019, the OECD also released the Global Anti-base Erosion (GloBE) proposal, the so-called Pillar 2 of the BEPS 2.0 project. On 12 October 2020, the G20/OECD Inclusive Framework on BEPS (“Inclusive Framework”) released two detailed “blueprints” in relation to its ongoing work to address the tax challenges arising from the digitalization of the economy (“Pillar 1”) and in relation to the tax rules designed to ensure that large multinational businesses pay a minimum level of tax on all profits in all jurisdictions (“Pillar 2”). The OECD’s aim is to bring the process to a conclusion by mid-2021. This tax newsletter comments on the Pillar 1 initiation, and we would comment on the Pillar 2 in a separate tax newsletter. For more information, please download our newsletter to read more. Our experts

20/01/2021page

January 2021 - Changes are around the corner: the BEPS 2.0 Pillar 1 update

In October 2019, the OECD released proposals for a new unified approach to taxation of multinational enterprises in the digital environment, the so-called Pillar 1 of the BEPS 2.0 project. In November 2019, the OECD also released the Global Anti-base Erosion (GloBE) proposal, the so-called Pillar 2 of the BEPS 2.0 project. On 12 October 2020, the G20/OECD Inclusive Framework on BEPS (“Inclusive Framework”) released two detailed “blueprints” in relation to its ongoing work to address the tax challenges arising from the digitalization of the economy (“Pillar 1”) and in relation to the tax rules designed to ensure that large multinational businesses pay a minimum level of tax on all profits in all jurisdictions (“Pillar 2”). The OECD’s aim is to bring the process to a conclusion by mid-2021. This tax newsletter comments on the Pillar 1 initiation, and we would comment on the Pillar 2 in a separate tax newsletter. For more information, please download our newsletter to read more.

20/01/2021page

January 2021 - Changes are around the corner: the BEPS 2.0 Pillar 1 update

In October 2019, the OECD released proposals for a new unified approach to taxation of multinational enterprises in the digital environment, the so-called Pillar 1 of the BEPS 2.0 project. In November 2019, the OECD also released the Global Anti-base Erosion (GloBE) proposal, the so-called Pillar 2 of the BEPS 2.0 project. On 12 October 2020, the G20/OECD Inclusive Framework on BEPS (“Inclusive Framework”) released two detailed “blueprints” in relation to its ongoing work to address the tax challenges arising from the digitalization of the economy (“Pillar 1”) and in relation to the tax rules designed to ensure that large multinational businesses pay a minimum level of tax on all profits in all jurisdictions (“Pillar 2”). The OECD’s aim is to bring the process to a conclusion by mid-2021. This tax newsletter comments on the Pillar 1 initiation, and we would comment on the Pillar 2 in a separate tax newsletter. For more information, please download our newsletter to read more.

19/01/2021page

The Taxation Institute of Hong Kong webinar: E-Commerce and Digital Taxation in China & HK and BEPS 2.0 Pillar 1 (2 Mar 2021)

E-commerce can be described as the process of buying and selling of goods and services, or provision of digital services such as electronic advertising using the internet, mobile networks and commerce infrastructure with minimal or no direct human interaction. On 2 March 2021, our Tax Partner at Mazars in Hong Kong, Anthony Tam was invited by The Taxation Institute of Hong Kong to share his insights and thoughts at the E-Commerce and Digital Taxation in China & HK and BEPS 2.0 Pillar 1 webinar. This webinar explored the China and Hong tax implication on e-commence and also resolved the OECD BEPS 2.0 pillar 1 proposal through an interactive presentation to encourage audience engagement. This webinar was well-received by over 90 participants from various industries.

19/01/2021page

Virtual event: Reinventing the wheel: Mobility as a service: benefits and barriers (27 January 2021)

Our second virtual session in our mobility series 'Reinventing the wheel', focused on the benefits of MaaS, barriers to implementation, and how they can be overcome. What is the commercial potential of MaaS? Watch the on-demand webcast recording to find out.

18/01/2021page

Fung Shiu Hang interviewed by HK01 (January 2021)

Fung Shiu Hang, our Head of Audit and assurance at Mazars in Hong Kong shared his thoughts on recent employment situation of fresh graduates with HK01 in January 2021.

12/01/2021page

Small steps and big leaps: making future transport a reality

Any new mode of transport is naturally met with scepticism: is it safe? is it sustainable? is it useful? As the mobility universe experiments with transport up in the air and on the ground, businesses and policymakers need to create customer demand, answer critical safety questions and take the small steps that make the big leaps possible.

12/01/2021page

The robotic software revolution and mobility

Software robotics are helping companies streamline processes, cut costs, and free up employees to focus on higher value tasks. Today they are increasingly applied to support back office processes at mobility firms, and they are likely to enable more operational and front-office tasks too.

12/01/2021page

How will data reshape last mile delivery?

The last mile of the delivery process is the most challenging, complicated, and competitive part of getting a package to the doorstep. To meet the challenges of rising delivery volumes, growing customer demand and calls for reduced emissions, logistics companies are experimenting with data, drones and new business models.

12/01/2021page

How 5G is shaping a new era for mobility

Fifth generation technology enables mobile devices to process more data at lightning fast speeds. In the short run that means improved functionality and faster mobile downloads, streaming and gaming. In the longer run it will enable connected vehicles, autonomous cars, real time access to information about how to make greener local journeys, and many other advances across the mobility spectrum.

12/01/2021page

Avoid the deluge: mobility and making the most of data

Improving maintenance, delivering standout customer experience and smartly managing the supply chain: data promises to help mobility fly further in 2021 and beyond. But as more information is collected, how can it be put to best use? And what new risks does an abundance of data create for mobility businesses and insurers?

11/01/2021page

Reinventing the wheel: mobility and the next wave of disruption

Mobility and the next wave of disruption, the third series in the Reinventing the wheel campaign, explores how data, analytics, robotics, 5G and other technologies will shift the mobility landscape in the coming decades, and how mobility players should prepare for the changes to come.

31/12/2020page

Doing business in Hong Kong 2021

The 2021 Doing Business in Hong Kong guide has been prepared to assist those who are interested in doing business in Hong Kong. It features topics such as setting up business entities in Hong Kong, import issues, tax and financial systems, financial reporting and audit standards, and labour and employment.

31/12/2020page

Jimmy Yip appointed as new Managing Director of Mazars CPA Limited (1 January 2021)

Mazars CPA Limited is pleased to announce the appointment of Jimmy Yip as the new Managing Director of the firm, effective 1 January 2021.

30/12/2020page

Welcome to our 78 new partners

Every year, during our annual partners’ conference, we are delighted to welcome our newly co-opted international Mazars partners. This year, although the event was held virtually, we are proud to celebrate the 78 new partners from 30 different countries that have joined the integrated Mazars partnership.

23/12/2020page

Mazars in Hong Kong spread the warmth by supporting Christmas Charity Cookies from Caritas La Vie (23 December 2020)

This Christmas, we are having a meaningful celebration to show our care for people in need with Caritas La Vie. To equip occupational skills for recovered mental patients and disabled people, Caritas La Vie provides training in their baking center for this group of people so that they can develop interest in baking and build their employability at the same time.

21/12/2020page

December 2020 - E-form with information on TP documentation

The Transfer Pricing (“TP”) regime and the related TP documentation requirements were introduced into the Hong Kong tax legislation in July, 2018. The requirement for the preparation of Master File and Local File, if the company meets the threshold, applies for an accounting period on or after 1 April, 2018, with the due date being 9 months after the relevant accounting year-end. For example, for companies with a December 31 year-end, the first due date of preparation of the Master File and Local File is 31 September, 2020. Recently, the Inland Revenue Department (“IRD”) has started to conduct a compliance review on taxpayers’ TP documentation preparation, and required specific taxpayers to fill in and submit an electronic form (“e-form”) with information on Master File and Local File (“Form IR1475”). Download our Hong Kong tax newsletter to learn more.

21/12/2020page

December 2020 - E-form with information on TP documentation

The Transfer Pricing (“TP”) regime and the related TP documentation requirements were introduced into the Hong Kong tax legislation in July, 2018. The requirement for the preparation of Master File and Local File, if the company meets the threshold, applies for an accounting period on or after 1 April, 2018, with the due date being 9 months after the relevant accounting year-end. For example, for companies with a December 31 year-end, the first due date of preparation of the Master File and Local File is 31 September, 2020. Recently, the Inland Revenue Department (“IRD”) has started to conduct a compliance review on taxpayers’ TP documentation preparation, and required specific taxpayers to fill in and submit an electronic form (“e-form”) with information on Master File and Local File (“Form IR1475”). Download our Hong Kong tax newsletter to learn more.

11/12/2020page

Mazars in Hong Kong collaborated with Alliance Française de Hong Kong to offer employees French Courses (2 December 2020)

With Mazars’ French origin, Mazars in Hong Kong has been promoting French culture in the office. As a tradition, this winter, we launched a new series of French lessons for our staff with Alliance Française de Hong Kong.

10/12/2020page

Doing M&A in CEE: Tax traps and structuring opportunities

10-12-2020 Against a backdrop of global competition and integrated markets, many businesses around the world are seeking growth opportunities outside their country of origin despite shifting, and at times complex, regulatory environments.

04/12/2020page

Virtual event: Reinventing the wheel: challenges and solutions for sustainable mobility in the 21st century (15 December 2020)

Mazars' first virtual session in our mobility series focused on how companies, governments, entrepreneurs and others can offer safer, more sustainable mobility options in the wake of Covid-19.

04/12/2020page

Experimentation and imagination: designing the blueprints for future cities

Most of the planet’s emissions are produced by cities and their populations: in the coming years urban mobility will have to play a greater role in reducing them. From hydrogen buses and smart traffic lights, to reimagined town plans and data-driven cycle routes, cities around the world are already finding ways to become greener and easier places to live and work.

04/12/2020page

Bundling in the city: integrating urban transport services

Integrating transport services – or ‘bundling’ – looks set to make mobility easier, greener, healthier and more personalised, especially in urban areas. So, what are the next steps to making bundling go mainstream?

04/12/2020page

Where mobility goes next: lessons from ride pooling

Ride pooling looks like an attractive solution to reduce carbon emissions and make people’s commutes and lives easier. With smart technology and green credentials that rival established public transport, it offers a vision for the future of mobility. Yet it faces roadblocks like public sector buy-in and passenger preferences. How does it score in practice, and how big is it likely to grow?