Hong Kong Updates Tax Guide for Charitable Institutions and Trusts of a Public Character

The Hong Kong Inland Revenue Department has published an updated Tax Guide for Charitable Institutions and Trusts of a Public Character. The tax guide contains the interpretation and practice of the Department in relation to the taxation of charitable institutions or trusts of a public character and other related matters, including the following sections:

• Meaning of Charity
• Constitution of Charity
• Taxation of Charity
• Charities subject to Hong Kong's Jurisdiction
• Other Tax Advantages
• Approve…