The Hong Kong Inland Revenue Department has provided guidance in relation to the pending Inland Revenue (Amendment) (Disposal Gain by Holder of Qualifying Equity Interests) Bill 2023, which provides for the introduction of a tax certainty enhancement scheme to provide greater certainty of the non-taxation of onshore gains on the disposal of equity interests that are of a capital nature. The general tax treatment of gains on the disposal of equity interests in Hong Kong and the tax certainty enhancement scheme are summarized in the guidance as follows: --- Tax Treatment of Gain on Disposal of Equity Interests Hong Kong...