The idea of the seminar is to provide a general comparison and contrast of the two international tax systems in Canada and Hong Kong. The audience will be able to learn how each country’s domestic tax system interacts with tax systems in a foreign country, whether they are provided in the form of foreign tax credits or exempted on repatriation via a participation exemption system. In addition, the seminar will provide a discussion on the general anti-avoidance rule that exists in both Canada and Hong Kong. The discussion will include the purpose and theory behind the general anti-avoidance rule, as well as recent court cases.