EYEY

Hong Kong to further revise its foreign source income exemption regime to expand scope of disposal gain

|Tax Alerts, Legislation & Policy, Na ...|Hong Kong, European Union
Hong Kong, European Union

  • Hong Kong’s refined foreign source income exemption (FSIE) regime will be further revised to expand the scope of disposal gains on more asset classes.

  • The related legislative amendments are expected to be enacted by the end of 2023 with the revised FSIE regime to enter into force from January 2024.

  • Multinational enterprises (MNEs) should review their Hong Kong asset profile to assess the potential t…

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