Hong Kong Proposes Tax Rule Changes for Asset Managers
Hong Kong plans to allow asset managers to earn performance fees tax-free across more investments. A new bill would expand rules beyond private equity deals.
Xurve View
Xurve View
Hong Kong is reportedly moving forward with plans to implement tax cuts for asset managers, a move aimed at bolstering its status as a premier financial hub. According to reports from the Financial Times, the city is set to revise its regulations concerning carried interest, potentially allowing investment professionals to earn performance-based fees entirely free of tax.
