View this page in: 简体中文版Jul 2015
Profits tax exemption for offshore funds extended to private equity funds - law enacted
The Hong Kong Government gazetted the Inland Revenue (Amendment) (No. 2) Ordinance 2015 (the Ordinance) on 17 July 2015, extending the profits tax exemption for offshore funds to private equity (PE) funds. The Ordinance will take retrospective effect, applying in respect of tax chargeable for any year of assessment commencing on or after 1 April 2015.