Hong Kong proposes safe harbor rules for onshore equity disposal gain

01 May 2023|Tax Alerts, Legislation & Policy, National/Federal Taxation|Hong Kong

Hong Kong proposes safe harbor rules for onshore equity disposal gain to enhance tax certainty.
The related legislative amendments are expected to be enacted later in 2023 with effect from 1 January 2024.
Multinational enterprises may consider how best to structure an equity disposal transaction in light of the proposed safe harbor rules.

Executive summary

Hong Kong issued a consultation paper regarding the proposed enhancement of tax certainty of onshore gains of equity interests. The consultation …

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