Tag: Attracting
Hong Kong – LCQ15: Attracting overseas private equity funds to re-domicile to Hong Kong
LCQ15: Attracting overseas private equity funds to re-domicile to Hong Kong *************************************************************************** Following is a question by the Hon Duncan Chiu and a written reply by the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan, in the Legislative Council today (March 15): Question: This Council passed the Inland Revenue (Amendment) (Tax Concessions for Carried Interest) Bill 2021 (the Bill) in 2021 to provide tax concessions for carried interest distributed by private equity (PE) funds operating in Hong Kong, with a view to attracting more PE funds to operate in Hong Kong and boosting ... Read more