On 16 October 2024, the Chief Executive of Hong Kong, Mr. John Lee, delivered his third Policy Address speech, with the theme ‘Reform for Enhancing Development and Building Our Future Together’.
The 3-day event in Hong Kong attracted about 500 tax officials, tax experts as well as representatives from nearly 50 countries
On 24 September 2024, Hong Kong signed a double taxation agreement with Turkey (“DTA-HK/TR”). This DTA will enter into force after completion of the ratification procedures by both jurisdictions.
Following the judgement of the CoA, the intra-group stamp duty relief will be restricted to companies with issued share capital only.
