The Hong Kong Inland Revenue Department has announced the release of a guideline on fund certification for carried interest tax concession by the Hong Kong Monetary Authority. This includes profits tax and salaries tax concessions in relation to eligible carried interest received by, or accrued to, qualifying persons and qualifying employees on or after 1 April 2020 from their provision of investment management services for certain funds and entities.
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HKMA releases guideline on fund c…