Financial Services Tax News Flash
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Feb 2017
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 revealed some details of the new dedicated tax regime for aircraft leasing businesses that will be introduced in Hong Kong. The Deputy Commissioner of 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 the LegCo’s website. Click here to read.
The key features of the tax regime revealed in the briefing paper and the Deputy CIR's speech are summarised in this Financial Services Tax News Flash.
Contact us
Florence Yip
Asia Pacific Tax Leader Financial Services, Asset & Wealth Management, PwC Hong Kong
Tel: +[852] 2289 1833
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Phillip Mak
Partner
Tel: +[852] 2289 3503
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Puay Khoon Lee
Partner
Tel: +[852] 2289 3828
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Clarence Leung
Partner, Asset Finance and Leasing
Tel: +[852] 2289 3599
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David Smith
Senior Advisor
Tel: +[852] 2289 5802
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Sandy Lau
Director
Tel: +[852] 2289 3526
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Peter Brewin
Transfer Pricing Partner, PwC Hong Kong
Tel: +[852] 2289 3650
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