Tax videos

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iXBRL Electronic filing introduction

iXBRL Electronic filing introduction
Hong Kong should remain an effective investment holding platform under the refined foreign source income exemption (FSIE) regime

The Hong Kong SAR government is expected to administer the refined FSIE regime pragmatically with a view to maintaining Hong Kong as an effective investment holding platform. Taxpayers can obtain certainty and simplify the annual compliance process through the advance ruling mechanism.

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Paving for economic rebound, revitalising core strengths

Paving for economic rebound, revitalising core strengths

This year’s Budget position is a better than expected outcome. We look forward to seeing the government commit and act on new and existing initiatives for Financial Services, Innovation & Technology, ESG and other industries.

Charles Lee, South China (incl. Hong Kong SAR) Tax Leader, PwC China

Implementing anti-epidemic relief measures is top priority

To revitalise Hong Kong’s economy amid the Omicron outbreak, we believe the HK$10,000 consumption voucher scheme and a new injection of funding into the sixth round of Anti-epidemic Fund would create a stronger and more lasting boost to the local economy.

Agnes Wong, Tax Partner, PwC Hong Kong

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Implementing anti-epidemic relief measures is top priority

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Increase tax competitiveness to enhance international status

Increase tax competitiveness to enhance international status

With this year’s Budget, Hong Kong is committed to support family office and maritime enterprises by the proposed tax concessions and half-tax concession. We hope the government could consider broader non-tax alternatives to attract greater foreign investment.

Kenneth Wong, Tax Partner, PwC Hong Kong