Orbitax Daily Tax Newsletter: AI Powered Insights

XatBot’s Newest Release: Smarter workflows, deeper insights, and seamless document handling

Get started Book a demo
EYEY

Hong Kong proposes safe harbor rules for onshore equity disposal gain

|Tax Alerts, Legislation & Policy, Na ...|Hong Kong
Hong Kong

  • Hong Kong proposes safe harbor rules for onshore equity disposal gain to enhance tax certainty.
  • The related legislative amendments are expected to be enacted later in 2023 with effect from 1 January 2024.
  • Multinational enterprises may consider how best to structure an equity disposal transaction in light of the proposed safe harbor rules.

Executive summary

Hong Kong issued a consultation paper regarding the proposed enhancement of tax certainty of onshore gains of equity interests. The consultation …

We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.