Global Tax and Governance Stream

Background

In response to an increasing interest of our students to know more about tax and governance issues as well as the profession’s desire to have more accounting graduates who are better versed in these areas, a new Global Tax and Governance (GTG) stream has been offered since 2016-17. Students who specialized in the GTG stream are entitled to the maximum paper exemptions in taking the Chartered Tax Adviser (CTA) qualifying examination offered by the Taxation Institute of Hong Kong (TIHK). As a result, students can acquire the CTA qualification by completing Paper 3 and 5 only.

TIHK CTA Qualifying Examination

Foundation Level
Paper 1 Accounting and Finance [exempted]

Professional Level
Paper 2 Hong Kong Tax [exempted]
Paper 3 International Tax
Paper 4 PRC Tax [exempted]
Paper 5 Advanced Taxation Practice

Students who are interested in developing their future careers in the tax advisory field in public accounting firms or multinational companies may consider specialising in this stream.

Being a reliable tax consultant which the clients consider valuable and essential to their business, one is required to think out of the box, yet exercise due diligence in their course of work. We need to walk through with our clients in the whole tax life cycle, from preventive planning to compliance filing, and finally position defensing. With all the confidence and trust placed in you by your clients, that would be the best part of the profession.

Jade Shan
Senior Tax Manager, PwC
PACC Alumna

We add value to our clients by providing practical solutions on tax matters, and advice on sustainable tax efficient structures and operational models. To achieve this, we work extremely hard to equip ourselves with the latest knowledge of the ever-changing tax environment and collaborate with various specialists worldwide. Whilst always maintaining the highest professional and ethical standards is never easy, we have earned respect from our clients – and therefore I have chosen tax advisory as my lifelong career.

William Wong
Senior Tax Manager, KPMG
PACC Alumnus

Aims and Learning Outcomes

The students should be able to:

1. Acquire an advanced knowledge of Hong Kong and China taxation systems
2. Perform tax planning and tax computation for different types of taxes for individuals and enterprises in Hong Kong and China
3. Demonstrate an awareness of current issues and developments in the Hong Kong and China taxation systems
4. Identify and assess the tax risks of cross-border activities
5. Understand policies for taxing international transactions and relief from double taxation under domestic law and double taxation agreements

Curriculum

Required (9 units)
ACCT4261 Taxes and Business Strategy
ACCT4262 China Taxation
ACCT4263 International Taxation

Elective (3 units)
ACCT4251 Regulation and Compliance in the Financial Markets
ACCT4252 Corporate Insolvency and Restructuring
ACCT4253 Chinese Legal Environment for Business
ACCT4271 Corporate Governance


Students will declare the Global Tax and Governance Stream at the last term of study when they are able to complete the coursework of the Stream.
Updated on 14 April 2021 (AW)