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Asia Tax Bulletin - Summer 2021

China, Hong Kong, India, Indonesia, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand - July 23 2021 On 26 April 2021, China's State Administration of Foreign Exchange (SAFE) and State Taxation Administration (SAT) jointly issued a draft supplemental…

Asia Tax Bulletin - Spring 2021

China, Hong Kong, India, Indonesia, Japan, Malaysia, North Korea, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam - April 27 2021 As the world struggles to recover from the pandemic, business continues regardless and the tax authorities appear to have little trouble keeping up…

Asia Tax Bulletin - Winter 2020/21

China, Hong Kong, India, Indonesia, Japan, Malaysia, North Korea, Philippines, Singapore, South Korea, Taiwan, Vietnam - January 19 2021 China has clarified the value-added tax (VAT) treatment regarding the transfer of shares for no consideration, VAT exemption on interest on loans to…

The End of the US Shipping Tax Exemption for Hong Kong

Hong Kong, USA - August 27 2020 On 19 August 2020, the US State Department announced the "suspension or termination" of various agreements with Hong Kong, including the termination…

Conor Warde, Kenneth Klein.

Hong Kong Unveils Attractive Ship Leasing Tax Incentive

Hong Kong - August 4 2020 The increasing popularity and growth of ship leasing, particularly in China and elsewhere in Asia, has been one of the most important developments in…

Conor Warde.