China

Details

  • Service: Tax
  • Type: Publication series, Regulatory update
  • Date: 11/8/2012

Government releases results of consultation on legislation for Islamic bonds (Sukuk) 

Tax alert - Issue 18, November 2012

 

On 29 October 2012, the Hong Kong government (‘The Government’) issued the consultation conclusions on proposed amendments to the Inland Revenue Ordinance (IRO) and Stamp Duty Ordinance (SDO) to provide a taxation framework that levels the playing field between Islamic bonds and conventional bonds.

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