(Budget 2020) More tax concessions for private equity funds

Local | 26 Feb 2020 11:43 am

To attract more private equity funds to domicile and operate in Hong Kong, tax concession are being planned for carried interest issued by private equity funds operating in Hong Kong subject to conditions, Paul Chan says. 

"We will consult the industry on the proposal, and the relevant arrangement will be applicable starting from 2020-21 upon completion of the legislative exercise,'' Chan says.

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