Michael Olesnicky

Partner, Special Advisor

KPMG

Profile:

Michael Olesnicky is a Senior Adviser to KPMG in Hong Kong. He left legal practice in 2014 after spending more than 25 years advising on corporate tax and tax dispute work, as well as on wealth management, trust planning and estate succession matters.

He is the vice chair of STEP in Hong Kong and chairs its China sub-committee.  He has served on a number of governmental and quasi -governmental tax committees in Hong Kong. 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, and formerly served on the Hong Kong Inland Revenue Board of Review.  He 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.

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China

China’s new income tax laws to bring ‘profound implications’ In June this year, the Chinese government announced much-anticipated revisions to the country's individual income tax laws. KPMG Partner and Senior Advisor Michael Olesnicky says that these new revisions will likely have 'profound implications' within the wealth management community in Asia. Hubbi....

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Wealth Solutions & Wealth Planning

How to capitalise on the internationalisation of PRC wealth The last five years have seen explosive growth in understanding among Chinese HNW individuals of wealth structuring and transition. But advisers and professional services firms need to know how to navigate a tricky compliance and cultural landscape..