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Hong Kong Publishes Departmental Interpretation and Practice Notes on Deductions for Environmental Protection Installation and R&D Expenditure

|Approved Changes|Hong Kong
Hong Kong

The Hong Kong Inland Revenue Department has published a revised version of Departmental Interpretation and Practice Notes (DIPN) No. 5 and a new DIPN No. 55.

DIPN No. 5 covers deductions for expenditure on technical education, building refurbishment, prescribed fixed assets, and environmental protection facilities. It has been revised in respect of changes made in 2018 for the deduction of ca…

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