Hong Kong Inland Revenue has published a government release on the commencement of profits tax concessions for insurance-related businesses on 19 March 2021.
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Profits tax concessions for insurance-related businesses to commence operation on March 19
The Government gazetted today (January 15) subsidiary legislation to implement the new profits tax concessions for insurance-related businesses on March 19, 2021.
Enacted in July 2020, the Inland Revenue (Amendment) (Profits Tax Concession…