Hong Kong introduces bill on tax concessions for family-owned investment holding vehicles

23 December 2022|Tax Alerts, Legislation & Policy, National/Federal Taxation|Hong Kong

The Hong Kong Government has introduced a bill on the tax concessions for family-owned investment holding vehicles, once passed it will take retrospective effect from 1 April 2022.
Taxpayers engaged in asset and wealth management may review their investment structure and assess eligibility to the tax concessions.

Executive summary

The Hong Kong Government introduced the Inland Revenue (Amendment) (Tax concessions for family-owned investment holding vehicles) Bill 2022 (the Bill) on 9 December 2022 …

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.