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Hong Kong passes bills on asset disposal gain regimes

|Tax Alerts, Information Reporting, Legis ...|Hong Kong
Hong Kong

  • Recently passed bills further revise Hong Kong's refined foreign-sourced income exemption regime covering asset disposal gains and introduce safe harbor rules for onshore equity disposal gains.
  • Multinational enterprises may want to review their Hong Kong asset profiles to assess potential tax implications.

Executive summary

Two bills making additional revisions to the foreign-sourced income exemption…

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