Employer’s Returns are issued to companies/organisations for reporting the remuneration paid/accrued by the companies/organisations to their directors and employees, if any, during each year ended 31 March.
Despite its lack of government oversight, governments and tax authorities are starting to set up frameworks to tax crypto currencies.
In order to further develop the asset management and the related service industries, the Hong Kong Government on 17 July 2015 published in the Gazette, the Inland Revenue (Amendment) (No. 2) Ordinance 2015 (‘Amendment Ordinance’), under which the profits tax exemption for offshore funds shall be extended to private equity funds. Pursuant to the Amendment […]
Recently, a new main feature of the Hong Kong has system has been introduced. It is a tax incentive called the two-tiered profits tax rates. The two-tiered profits tax rates regime applies to corporations and unincorporated businesses (i.e. sole proprietorship and partnership businesses) by lowering the tax rates for the first HKD 2 million of […]
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