The Hong Kong Inland Revenue Department has announced the Inland Revenue (Amendment) (Aircraft Leasing Tax Concessions) Bill 2023, which enhances the aircraft leasing preferential tax regime. --- Inland Revenue (Amendment) (Aircraft Leasing Tax Concessions) Bill 2023 gazetted The Government published in the Gazette today (November 17) the Inland Revenue (Amendment) (Aircraft Leasing Tax Concessions) Bill 2023 to enhance the aircraft leasing preferential tax regime (Regime) introduced in 2017, with a view to strengthening Hong Kong's competitiveness in the global aircraft leasing industry. The Bill amends the Inland Revenue Ordinance (Cap. 112) with proposed legislative amendments covering the following aspects: (1)...