Executive summary

Hong Kong enacted the Inland Revenue (Amendment) (Miscellaneous Provisions) Bill 2021 (the New Law) on 11 June 2021,¹ which addresses the tax implications of court-free amalgamations of companies.² The New Law applies to court-free amalgamation of companies occurring on or after 11 June 2021.

This Alert summarizes the key provisions of the New Law.

Detailed discussion

The k…