Hong Kong: Proposed Tax Concession For Carried Interest Issued By Private Equity Fund In Hong Kong ONC Lawyers

As announced in the 2020/2021 budget speech, the Financial Secretary proposed a tax concession for carried interest in Hong Kong. The Financial Services and Treasury Bureau (FSTB) has recently launched consultation seeking views on its proposal on the said tax concession (the ” Proposal “) whilst the consultation period ended on 4 September 2020.…

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