Hong Kong Announces Bill for Tax Certainty Enhancement Scheme on the Non-Taxation of Onshore Gains on the Disposal Of Equity Interests
The Hong Kong Inland Revenue Department has announced the Inland Revenue (Amendment) (Disposal Gain by Holder of Qualifying Equity Interests) Bill 2023, which provides for the introduction of a tax certainty enhancement scheme to provide greater certainty of the non-taxation of onshore gains on the disposal of equity interests that are of a capital nature.
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Gazettal of Inland Revenue (Am…
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