Hong Kong’s 0 percent tax concession for carried interest getting funds certified with the HKMA / Michael P. Wong, Mack Wan, Gilbert Cheng, Amanda Liu .-- , 2021
Resumen.
In an effort to compete with other low-tax jurisdictions, the latest amendments to the tax laws in Hong Kong have effectively reduced the profits tax rate to 0 percent for eligible carried interest arising from eligible private investment funds that are managed locally. As the first step, funds need to be certified by the Hong Kong Monetary Authority (HKMA) to determine whether investment and substance requirements have been satisfied. The HKMA has now issued its own guidelines on what is expected in this certification process and the relevant operational procedures involved.
FONDOS DE INVERSION
PLUSVALIAS
INTERES
IMPUESTOS
REDUCCION
HONG KONG
Wong, Michael P.
Journal of Taxation of Investments 0747-9115v. 39, n. 1, Fall 2021, p. 9-12