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Hong Kong News




Hong Kong Tables Bill For Research And Development Tax Breaks

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, April 24, 2018

The Hong Kong Government has released a draft bill containing its 2017 proposal to provide an enhanced tax deduction for research and development expenditure. Read Full Story

 


Hong Kong Confirms Profits Tax Shakeup From April

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, April 4, 2018

Hong Kong has gazetted an ordinance to establish a new two-tier corporate tax regime from April 1, 2018. Read Full Story

 


India, Hong Kong Sign Double Tax Deal

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 20, 2018

Hong Kong and India on March 19 signed an agreement to avoid double taxation and limit withholding tax rates on passive income at source. Read Full Story

 


Tax-Privileged Free Trade Zones The OECD's Next Target

by Ulrika Lomas, Tax-News.com, Brussels

Monday, March 19, 2018

In a new report, the OECD has drawn attention to criminal activity in free trade zones, which typically offer tax privileges and lighter regulation, highlighting that they may be unintentionally fostering growth in counterfeit goods. Read Full Story

 


Hong Kong Gazettes Tax-Cutting Budget Bill

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 13, 2018

On March 9 Hong Kong's Inland Revenue Department gazetted the Inland Revenue (Amendment) Bill 2018, containing measures worth HKD30bn (USD3.82bn) announced in the Budget. Read Full Story

 


Hong Kong Launches CbC Reporting Portal

by Mary Swire, Tax-News.com, Hong Kong

Tuesday, March 6, 2018

Hong Kong's Inland Revenue Department on March 5 launched its new Country-by-Country Reporting Portal. Read Full Story

 


Hong Kong's New Budget Contains Tax Relief Measures

by Mary Swire, Tax-News.com, Hong Kong

Thursday, March 1, 2018

Hong Kong's new Budget contained a number of new tax perks for individuals and measures to promote the adoption of environmentally friendly technologies, but few measures for businesses. Read Full Story

 


Hong Kong To Soon Join OECD's Multilateral Tax Compact

Mary Swire, Tax-News.com, Hong Kong

Friday, February 2, 2018

Hong Kong on February 2, 2018, ratified an Ordinance to enable the territory to soon join the OECD's Multilateral Convention on Mutual Administrative Assistance in Tax Matters and thereby more simply and more broadly agree to exchange tax information with other countries' tax authorities. Read Full Story

 


IMF Encourages Hong Kong To Consider Tax Reforms

Thursday, January 25, 2018

The International Monetary Fund has urged Hong Kong to consider tax reform options to boost revenues while maintaining the economy's competitiveness and flexibility. Read Full Story

 


Hong Kong Eases Stamp Duty Rules For Residents

by Mary Swire, Tax-News.com, Hong Kong

Monday, January 22, 2018

Hong Kong has relaxed the rules for those buying residential property, with the publication in the Official Gazette of The Stamp Duty (Amendment) Ordinance 2018 on January 19, 2018. Read Full Story

 

 

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