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Hong Kong News




Hong Kong Again Slashes Interest On Early Tax Payments

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

Wednesday, June 9, 2021

The Hong Kong Inland Revenue Department has announced a further reduction to the interest rate payable on Tax Reserve Certificates. Read Full Story

 


Hong Kong Enhances Tax Rules For Amalgamations

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

Wednesday, June 9, 2021

Hong Kong's Legislative Council has passed a bill to implement a series of amendments to the Inland Revenue Ordinance. Read Full Story

 


Hong Kong Issues Tax Returns For Individuals

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

Wednesday, May 12, 2021

On May 3, 2021, the Hong Kong Inland Revenue Department issued over 2.62 million tax returns for individuals for the year of assessment 2020-21. Read Full Story

 


Hong Kong Issues 2020-21 Tax Returns

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

Tuesday, April 6, 2021

On April 1, 2021, the Hong Kong Inland Revenue Department began issuing profits tax, property tax, and employer's returns for the year of assessment 2020-21. Read Full Story

 


Hong Kong Tables Tax Law Administration Bill

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

Thursday, March 25, 2021

Hong Kong tabled the Inland Revenue (Amendment) (Miscellaneous Provisions) Bill 2021 in parliament on March 24. Read Full Story

 


Hong Kong Adopts Law To Cut Stamp Duty Rates

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

Friday, March 19, 2021

Hong Kong has passed legislation to abolish the doubled ad valorem stamp duty rates applicable to non-residential property transactions with effect from November 26, 2020. Read Full Story

 


Hong Kong Announces Tax Relief In 2021-22 Budget

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

Wednesday, March 3, 2021

Hong Kong will grant taxpayers a waiver of up to HKD10,000 (USD1,290) of profits tax, salaries tax, and tax under personal assessment, the territory announced in its 2021-22 Budget. Read Full Story

 


Hong Kong Provides Tax Concessions For Carried Interest

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

Wednesday, March 3, 2021

The Hong Kong Government has gazetted legislation to provide tax concessions for carried interest distributed by eligible private equity funds operating in Hong Kong. Read Full Story

 


Russia's Cabinet Approves Maltese DTA Amendments

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, September 22, 2020

Russia's Government has approved wording for a draft Protocol that it will seek to conclude with Malta, to revise their double tax agreement to increase withholding tax rates at source for cross-border dividends and interest income. Read Full Story

 


Cyprus, Russia Agree Tax Hike On Cross-Border Dividends, Interest

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, September 14, 2020

Russia's Ministry of Finance has announced that it signed a Protocol to amend its double tax agreement with Cyprus on September 8, 2020. Read Full Story

 

 

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