The Hong Kong Inland Revenue Department (IRD) has released illustrative examples for the jurisdiction's patent box regime, available in Chinese and English. Approved in 2024, the regime applies in respect of a year of assessment beginning on or after 1 April 2023, providing a concessionary tax rate of 5% on assessable profits derived from eligible IP income. 31 examples are provided, covering:
- Eligible persons (e.g., IP owners, licensees, outsourced developers with their own IP);
- Eligible …