Use when you oppose an opinion but want to show respect for the other person's view. The movie was fantastic! - I beg to differ, though, I found it rather boring.
Pro Tip 2/3
Formal Situations
Best used in discussions where politeness is important, like in a professional or academic setting. Our strategy is effective as is. - I beg to differ; we need to adapt to new data.
Pro Tip 3/3
Slightly Formal
Although polite, it's less formal than 'I respectfully disagree', appropriate for casual conversation too. This is the best form of government. - Well, I beg to differ.