Hong Kong passes legislation for two-tier profits tax rates regime

27 March 2018

Hong Kong's Legislative Council passed Inland Revenue (Amendment) (No. 7) Bill 2017 (the Bill) on March 21, which implements the two-tier profits tax rates regime. It is expected to become law (the New Law) on March 29. The New Law is essentially identical to the Bill.

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-0676

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