The Hong Kong Inland Revenue Department has announced the publication of the Inland Revenue (Amendment) (Tax Concessions for Shipping-related Activities and Physical Commodity Trading) Bill 2026 on 12 June 2026. The legislation enhances the existing tax concessions for shipping-related activities and introduces a new half-rate tax concession regime for physical commodity trading. The legislation also introduces an optional 15% concessionary tax rate that shipping-related companies may elect …