China

Details

  • Service: Tax
  • Industry: Financial Services, Insurance
  • Type: Publication series, Regulatory update
  • Date: 3/21/2014

Concession for captive insurers passed 

Hong Kong Tax Alert - Issue 5, March 2014

 
On the 19 March 2014 the Inland Revenue (Amendment) Bill 2013 was passed by the Legislative Council. Captive insurers will enjoy a 50 percent reduction in the profits tax on their insurance business of offshore risks.

Hong Kong Tax Alert
Download Now
PDF files require Adobe Reader to view
 

Get in touch with KPMG China

 


 

Subscribe to receive email alerts or e-Newsletters from KPMG China when new updates are available.