On 17 April 2015, Hong Kong's Inland Revenue Department gazetted the Inland Revenue (Amendment) (No. 2) Bill 2015. The main measure is a 75% reduction in salaries tax, profits tax and tax under personal assessment with a ceiling of HKD 20,000 per taxpayer for the year of assessment 2014-15. A taxpayer who is separately chargeable to salaries tax and profits tax can enjoy the tax reduction under…