Hong Kong Publishes Sample Profit Tax Returns for 2018/2019 Including New Transfer Pricing Disclosure Form and Other Supplementary Forms

The Hong Kong Inland Revenue Department has published sample profits tax returns for 2018/19, including several new supplementary forms that apply from the 2018/19 year. This includes a transfer pricing disclosure form that requires disclosures on:

• Whether the taxpayer has transactions with non-resident associated persons, and their residence;
• Whether the taxpayer is required to prepare a master and local file ({News-2018-07-16/A/2-previous coverage});
• Whether the taxpayer has an advance p…