Hong Kong News

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

Russia Turns Sights To Switzerland, Hong Kong Treaties
by Ulrika Lomas, Tax-News.com, Brussels
Tuesday, August 18, 2020
Russia's double tax agreements with Hong Kong and Switzerland are next on the radar for authorities in Russia, who are seeking to ensure the country can subject to at least 15 percent withholding tax outbound dividends and interest payments. Read Full Story

Hong Kong Lawmakers Endorse CIT Cut For Insurers
by Mary Swire, Tax-News.com, Hong Kong
Friday, July 17, 2020
Hong Kong's Legislative Council has passed a bill to reduce the profits tax for certain insurance businesses. Read Full Story

Hong Kong Releases New Guidance On Advance Rulings
by Mary Swire, Tax-News.com, Hong Kong
Friday, May 1, 2020
Hong Kong has updated its guidance on advance rulings, to reflect changes to Hong Kong's practices as a result of its efforts to comply with the OECD's minimum standards proposed as part of the base erosion and profit shifting (BEPS) Action Plan. Read Full Story

Hong Kong Announces Tax Credit Handout In 2020 Budget
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, March 3, 2020
Hong Kong's 2020 Budget includes plans for a one-off reduction of profits tax, salaries tax, and tax under personal assessment. Read Full Story

Hong Kong Gazettes Tax Breaks For Ship Leasing
by Mary Swire, Tax-News.com, Hong Kong
Monday, January 27, 2020
The Hong Kong Government has published in the Gazette legislation to provide profits tax concessions to certain ship lessors and ship leasing managers. Read Full Story

OECD Releases Eight New Action 14 Peer Reviews
by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 6, 2019
The OECD recently released the seventh round of stage one peer review reports, assessing eight jurisdictions' efforts to implement the BEPS Action 14 minimum standard on tax dispute resolution. Read Full Story
Page 1
Tax-News Reviews

A review and forecast of Cyprus's international business, legal and investment climate.

A review and forecast of Malta's international business, legal and investment climate.

A review and forecast of Jersey's international business, legal and investment climate.

A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- How to start a company in the USA as a foreigner? »
- Multilateral Moves Ongoing »
- EU Advances On Trade And Tax »
- Budgets Are Go... »
- How a virtual office can help your Hong Kong small business? »
- COVID Campaigns Continue »
- US Occupies Center Stage »
- Big changes Afoot... »
- I.T. is IT! »
- What Is a Registered Agent, and Why You Need a Registered Agent for Your Business? »