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Hong Kong News - Business, Taxation & Offshore

Hong Kong To Proceed With Lower Profits Tax Rate

by Mary Swire,, Hong Kong

Tuesday, August 15, 2017

Hong Kong is preparing to take forward proposals to lower profits tax to 10 percent for smaller firms.Read Full Story


Hong Kong To Table Anti-BEPS Law This Year

by Mary Swire,, Hong Kong

Thursday, August 10, 2017

The Government of Hong Kong has said that it will introduce legislation into the Legislative Council by the end of this year to implement the minimum standards proposed by the OECD as part of its base erosion and profit shifting project.Read Full Story



Hong Kong Urged To Improve PE Fund Tax Exemption

by Mary Swire,, Hong Kong

Thursday, July 27, 2017

Hong Kong's Financial Services Development Council has proposed that the Offshore Private Equity Fund Tax Exemption should be extended to certain Hong Kong portfolio companies to boost the development of the industry.Read Full Story


Turkey Tops New Tax Complexity Index

by Ulrika Lomas,, Brussels

Thursday, July 27, 2017

Turkey is the jurisdiction with the world's most complex tax and accounting requirements, according to a new report by TMF Group.Read Full Story



New Tax Treaties Key To Aircraft Leasing Growth In Hong Kong, Says Report

by Mary Swire,, Hong Kong

Wednesday, July 12, 2017

The Hong Kong Financial Services Development Council has released a report calling for the Government to expand its tax treaty network, in particular with countries that have growing aviation industries.Read Full Story


Hong Kong Mulls New Tax Breaks For SMEs, Innovators

by Mary Swire,, Hong Kong

Tuesday, July 11, 2017

Hong Kong is considering introducing tax relief for small and medium enterprises and providing additional tax deductions for research and development.Read Full Story