China Tax/Business News Flash

Feb 2017, Issue 2 

The proposed dedicated tax regime for aircraft leasing business in Hong Kong

In a meeting of the Panel on Economic Development of Legislative Council (LegCo) held on 23 January 2017, the Secretary for Transport and Housing of Hong Kong revealed some details of the new dedicated tax regime for aircraft leasing businesses that will be introduced in Hong Kong. The Deputy Commissioner of Hong Kong's Inland Revenue (Deputy CIR) also attended the meeting and spoke on the proposed tax measures.

In addition, a briefing paper on the tax regime was issued and is accessible on Hong Kong LegCo's website.

 

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