This article focuses on a proposal issued by the Financial Services and the Treasury Bureau (FSTB) of the government of Hong Kong in August 2020. The FTSB also released another proposal in December 2020 which addressed the comments and feedback from the industry and Hong Kong government responses to the August 2020 proposal.
This piece provides an outline and a holistic overview of the requirements of the two proposals, in addition to providing King & Wood Mallesons’ perspective on the proposed carried interest tax concession regime that the December proposal described.
Authors: Jingjing Jiang, Partner, and Cindy Shek, Partner, King & Wood Mallesons
Members-only access
To access the full resource, you must be a
member.
Already a member?
Login to unlock.
Login
Not an ACC member?
Gain access to a comprehensive collection of global
resources for in-house counsel
Sign
up for a 30-day trial
Region:
Hong Kong
The information in any resource collected in this virtual library should
not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.