The Hong Kong Inland Revenue Department has published updated guidance on the new Foreign-Sourced Income Exemption (FSIE) regime as introduced by the Inland Revenue (Amendment) (Taxation on Specified Foreign-sourced Income) Ordinance 2022, which was published in the Official Gazette on 23 December 2022 and entered into force on 1 January 2023. As previously reported, the new FSIE regime allo…