Nov 13, 20181 minCompetition Commission Rules Hong Kong Code of Banking Practice is Subject to Competition LawsThe Hong Kong Competition Commission (Commission) recently found that the Code of Banking Practice (Code) is subject to the First Conduct...
Nov 9, 20181 minChina Published New Individual Income Tax Deduction PlanOn 20 October 2018, the Ministry of Finance and the State Administration of Taxation of the People`s Republic of China published the “Not...
Nov 8, 20181 minInward Re-domiciliation Regime in Singapore Singapore has introduced an inward re-domiciliation regime to allow foreign corporate entities to transfer their registration to Singapor...
Nov 8, 20181 minMore opportunities in Hong Kong from the 2017 Policy AddressThe Hong Kong Chief Executive Ms Carrie Lam announced her first Policy Address on 11 October 2017. In order to encourage the development...
Nov 8, 20181 minHONG KONG Two-tier Profits Tax System Effective From 2018/19 Onwards21 March 2018, the Inland Revenue (Amendment) (No.7) Bill 2017 - The Two-tier profits tax system passed its third reading in the Legislat...
Nov 8, 20181 minBVI Government Penalty for Late FilingThe BVI Government has announced that with effect from 1 September 2018, the maximum government penalty for the late filing of the Regist...
Nov 8, 20181 minChina Individual Income Tax Reform Draft implementation regulations released for public consultationOn 20 October 2018, China’s Ministry of Finance (MOF) and the State Administration of Taxation (SAT) released draft implementation regula...
Nov 8, 20183 minHong Kong Enhanced Deduction Regime for R&DThe Inland Revenue (Amendment) (No. 7) Ordinance 2018, which introduces an enhanced tax deduction regime for qualifying research and deve...
Nov 8, 20182 minNew immigration incentives aimed at drawing high-talent foreign workers to Z-Park, BeijingThe Beijing Entry-Exit Authority has announced a number of immigration measures aimed at attracting high-talent foreign workers to Beijin...
Oct 16, 20181 minMauritius Residence Schemes: Not harmful to the integrity of the CRS according to OECDOn 16th October 2018, the Organisation for Economic Co-operation and Development (OECD) published a list of the CRS-committed countries t...
Oct 13, 20181 minChina: R&D “super deduction” rate 75%, expanded for all enterprisesChina’s Premier Li Keqiang on 23 July 2018 announced that the 75% “super deduction” rate for eligible research and development (R&D) expe...