The Hong Kong Inland Revenue Department has issued a release announcing a reduction in the rate of interest payable on Tax Reserve Certificates with effect from 7 June 2021.
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Interest on Tax Reserve Certificates
The Government Gazette published today (June 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 June 7, 2021, the new annual rate of inte…