EYEY

Hong Kong Tax Authority clarifies multiple issues around profits tax

|Tax Alerts, Legislation & Policy, Na ...|Hong Kong
Hong Kong

In its 2021 annual meeting with tax practitioners, the Hong Kong Tax Authority clarified the following issues related to the profits tax:

  • When a Hong Kong resident enterprise has a “server permanent establishment (PE)” located outside Hong Kong which forms an essential and significant part of its e-commerce business, the Tax Authority has indicated that a part or all of its profits could be regarde…

Continue Reading