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Jones Day

Main work contacts

Banking and finance Graham Lim, Michelle Taylor
Capital markets Joelle Lau, Julian Lin
Energy Ben McQuhae
Fund formation Scott Peterman
Projects and infrastructure Maria Tan Pedersen
Global disputes Robert Thomson
Intellectual property Chiang Ling Li, Peggy Cheung, Haifeng Huang
Mergers and acquisitions Carson Wen
Private equity Christine Kim

Legal Developments by:
Jones Day

  • US rules regarding offshore accounts

    The Hiring Incentives to Restore Employment Act 2010, enacted on 18 March 2010, imposes a new US withholding tax and reporting regime, known as the Foreign Account Tax Compliance Act (FATCA). The FATCA regime applies generally to payments made after 31 December 2012, except on obligations (to be defined in future guidance) outstanding on 18 March 2012. Substantial effort is required by foreign entities to bring their worldwide operations and policies into compliance with the FATCA rules as of the effective date.

    - Jones Day

Legal Developments in Hong Kong

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