The Hong Kong Inland Revenue Department has published revised versions of Departmental Interpretation and Practice Notes (DIPNs) No. 22 and No. 49.
DIPN No. 22 concerns the taxation of royalties and other income from intellectual properties, and has been revised to take into account changes introduced by Inland Revenue (Amendment) (No. 6) Ordinance 2018, which implemented a number of minimum BEPS standards. This includes the addition of Section 15F, which was added to give eff…