Events listed in Inland Revenue Ordinance
HKSAR Government continues to refine regime against cross-border tax avoidance
ID 21898
On February 15, 2023, the Hong Kong government published a press statement to announce further upcoming changes to its tax regime following the EU’s reassessment of Hong Kong’s practices with respect to the taxation of large multi-national corporations and the further inclusion of Hong Kong on the EU’s list of jurisdictions that have committed to satisfy all the conditions of the [EU’s guidance on ...
Inland Revenue (Multilateral Convention to Implement Tax Treaty Related Measures to ...
ID 21788
Following the enactment of the „Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion & Profit Shifting (BEPS)“ in Hong Kong in December 2022, the local government has now published a revised (consolidated) version of the Inland Revenue (Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting) Order on Hong Kong e-Legislation, the official website ...
Exemption from Profits Tax (Debt Instrument Issued by Mainland Local People’s ...
ID 21453
The Hong Kong government has recently gazetted a new order, namely the Exemption from Profits Tax (Debt Instrument Issued by Mainland Local People’s Government at Any Level) Order, which will come into force on March 31, 2023. The order exempts capital gains and interest income derived from government bonds issued in Hong Kong by any (local) government of the People’s Republic of China from ...