The latest edition delivers the up-to-date tax law changes in Hong Kong since the last edition and their implications including:
- Inland Revenue (Amendment)(Taxation on Foreign-sourced Disposal Gains) Ordinance 2023;
- Inland Revenue (Amendment) (Disposal Gain by Holder of Qualifying Equity Interests) Ordinance 2023;
- Inland Revenue (Amendment) (Aircraft Leasing Tax Concessions) Ordinance 2024;
- Inland Revenue (Amendment) (Tax Concessions and Two-tiered Standard Rates) Ordinance 2024;
- Stamp Duty(Amendment) (Stock Transfers) Ordinance 2023; and Stamp Duty(Amendment) (Residential Properties) Ordinance 2024;
- Updates on Board of Review cases in profits tax, salaries tax and stamp duty, including Chapman Development Limited v Commissioner of Inland Revenue; and Patrick Cox Asia Limited v Commissioner of Inland Revenue;
- Updates on the Inland Revenue Department's Departmental Information and Technology Plan and e-Filing Project;
- Updates on the new/revised Departmental Interpretation and Practice Notes and the Stamp Office spacing Interpretation and Practice Notes;
- Updates on international tax developments, including the OECD's follow-up work on Base Erosion and Profit Shifting (BEPS 2.0) Project;
- Updates on the Consultation on Implementation of Global Minimum Tax and Minimum Top-up tax in Hong Kong under BEPS 2.0 in Hong Kong;
- Other tax measures announced by the Chief Executive in the 2023 Policy Address and by the Financial Secretary in the 2024/25 Budget.
Expertly reviewed and updated by BDO Tax Limited, the Hong Kong Master Tax Guide 2024/25 (32nd Edition) is a consolidated and practical reference on Hong Kong taxes.
