How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong
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The work How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.
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How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong
Resource Information
The work How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong represents a distinct intellectual or artistic creation found in International Bureau of Fiscal Documentation. This resource is a combination of several types including: Work, Language Material, Continuing Resources.
- Label
- How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong
- Language
- eng
- Summary
- As of 1 April 2019, Hong Kong has a new profits tax exemption regime for investment funds operating in Hong Kong, regardless of their location of central management and control, their size or the purpose that they serve, to be able to enjoy tax exemption for transactions in specified assets subject to meeting certain conditions. A fund can also enjoy the tax exemption in connection with its investments in both overseas and local private companies. Ironically, this new exemption regime was actually triggered by concerns of the Council of the European Union
- Citation source
- In: Derivatives and financial instruments. - Amsterdam. - Vol. 21 (2019), no. 3 ; 6 p
- Geographic coverage
- Asia
- Language note
- English
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Context of How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong KongWork of
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<div class="citation" vocab="http://schema.org/"><i class="fa fa-external-link-square fa-fw"></i> Data from <span resource="http://link.library.ibfd.org/resource/-C56CTp0CjQ/" typeof="CreativeWork http://bibfra.me/vocab/lite/Work"><span property="name http://bibfra.me/vocab/lite/label"><a href="http://link.library.ibfd.org/resource/-C56CTp0CjQ/">How the European Union's concerns result in a positive development of the asset and wealth management industry in Hong Kong</a></span> - <span property="potentialAction" typeOf="OrganizeAction"><span property="agent" typeof="LibrarySystem http://library.link/vocab/LibrarySystem" resource="http://link.library.ibfd.org/"><span property="name http://bibfra.me/vocab/lite/label"><a property="url" href="http://link.library.ibfd.org/">International Bureau of Fiscal Documentation</a></span></span></span></span></div>
