The Hong Kong Inland Revenue Department issued a release on 4 December 2020 announcing a change in the rate of interest payable on Tax Reserve Certificates with effect from 7 December 2020.
---
Interest on Tax Reserve Certificates
The Government Gazette published today (December 4) contains a Legal Notice to the effect that the Secretary for Financial Services and the Treasury has authorised a change in the rate of interest payable on Tax Reserve Certificates. From December 7, 2020, the n…