With the rapid development of the digitalisation of economy, tax challenges have emerged and escalated to growing concern, in particular cross-border taxation issues stemming from the increasing volumes of cross-jurisdictional flow of professionals and trade. In this regard, the widely accepted Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS MLI) represents an international effort to address pertinent issues, especially through proposing a two-pillar solution in the BEPS 2.0. Focusing on these important issues, the webinar started off with Mr Adrian Lai JP, the moderator, giving a succinct introduction to the background. Then, Ms Winnie Shek provided an overview of BEPS 2.0 and its Pillar Two, delving into an in-depth discussion on the 5-step approach of the Global Anti-Base Erosion rules, known as the GloBE rules. She also presented the recent development as well as the implementation status in various jurisdictions around the globe, before concluding with tax compliance issues and some general suggestions. The webinar ended with interactive discussions on the relevance and timeliness of BEPS 2.0 to the Hong Kong context.