The Hong Kong Inland Revenue Department has issued a release announcing the publication of the Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020 in the Official Gazette. --- Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020 gazetted The Government published in the Gazette today (June 19) the Inland Revenue (Amendment) (Ship Leasing Tax Concessions) Ordinance 2020 to implement the 2019 Policy Address initiative of providing tax concessions to qualifying ship lessors and qualifying ship leasing managers. The Ordinance takes retrospective effect from April 1, 2020. A Government spokesman said, "Ship leasing is a high value-added maritime service with...