New Tax Concessions for Hong Kong

New Tax Concessions for Hong Kong

New Tax Concessions for Hong Kong – One-time Offer for Taxpayers A new tax bill was passed by the Hong Kong Legislative Council and gazetted on 15 November 2019. It will offer tax concessions to as many as 1.91 million taxpayers.  In addition, the bill will also benefit 145,000 tax-paying corporations and unincorporated businesses.  These…