Hong Kong reaffirms carried interest pledge
Hong Kong Chief Executive Carrie Lam has reaffirmed the territory’s commitment to providing certainty on the tax treatment of carried interest as part of efforts to consolidate its position as a private equity hub.
Lam said in her annual policy address that tax concessions would be available to private equity funds operating in Hong Kong “subject to the fulfillment of certain conditions.” She added: “[We] are...
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