Two-tiered profits tax regime is implemented
The Inland Revenue (Amendment) (No. 7) Bill 2017 (the “Bill”) was passed by the Legislative Council on 21 March 2018. The Bill introduces the two-tiered profits tax regime (the “Two-tiered [...]
2018-2019 Hong Kong Budget Highlight
The Financial Secretary, the Honourable Paul MP Chan, delivered the 2018-19 budget speech of the Government in the Legislative Council on 28 February 2018. The Financial Secretary proposed relief [...]
Implementation of Significant Controllers Register
The Companies (Amendment) Ordinance 2018 (“the Amendment Ordinance”) introduces new requirements on the keeping of Significant Controllers Registers by companies. The Amendment Ordinance will [...]
Seychelles News – New International Business Companies Act, 2016
In its effort to be more compliant with the recommendations of the Organization for Economic Co-operation and Development and also with Financial Action Task Force standards, several amendments [...]
China’s tax authorities to begin financial data collection on foreign residents from January – South China Morning Post
The common reporting standard (CRS) is the Organisation for Economic Cooperation and Development’s (OECD) model for the automatic exchange of information (AEOI) between jurisdictions world-wide. [...]