Dec 2009

This year is a year of change for taxes in Hong Kong. Besides the appointment of a new Commissioner of Inland Revenue in December 2009 to lead the tax administration in Hong Kong, there are several significant profits tax developments in the second half of the year. While some of these changes are welcome by taxpayers, some have stirred controversy and debate among the business community and tax practitioners. During the year, we have captured these major tax developments through the publication of our Hong Kong Tax News Flashes. This Update recaps these developments as we approach the year end.
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Hong Kong Tax Update - Dec 2009 (pdf file, 305KB) for your reference.
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