FATF published a Statement and “Jurisdictions under Increased Monitoring”
The Financial Action Task Force (“FATF”) published the “FATF Statement on High-Risk Jurisdictions subject to a Call for Action” and...
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Hong Kong Business Services Centre Limited
- Apr 16
- 1 min
IRD issues profits tax, property tax and employer's returns for 2023-24
The Inland Revenue Department (IRD) today (April 2) issued about 220 000 profits tax returns, 120 000 property tax returns and 310 000...
- Mar 26
- 5 min
Foreign-sourced Income Exemption (Economic Substance Requirement)
Hong Kong's tax system is based on its unique territorial principle, which taxes only income that originates within Hong Kong. This means...
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