Hong Kong tax review 2017

2017 year in review – We applaud the HKSAR Government’s efforts to boost city’s competitiveness

Government has been enacting/proposing various tax incentives for different industries in Hong Kong to foster the city’s economic development, and taking steps to align Hong Kong’s tax system with the latest international tax standards.

This review recaps the major tax developments that took place in 2017 and highlights the tax changes expected to come in early 2018. 

New directions for taxation

The HKSAR Government held the “Summit on the New Directions for Taxation” in October 2017 and set forward four key principles in formulating future tax policies and measures:

Hot topics on analysis

  • Progress of implementing the BEPS measures in Hong Kong
  • Update on Hong Kong tax treaty network
  • Key tax legislations development and what’s coming
  • Guidance issued by the Inland Revenue Department (IRD)
  • Hong Kong profits tax cases
  • Hong Kong salaries tax developments

Contact us

Matthew Mui
Partner
Tel: +[86] (10) 6533 3028
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Fergus Wong
Director
Tel: +[852] 2289 5818
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Anita Tsang
Associate Director
Tel: +[852] 2289 3625
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