close
Share with your friends

Concession for captive insurers passed

Concession for captive insurers passed

Hong Kong Tax Alert - Issue 5, March 2014  

1000

Related content

Concession for captive insurers passed

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.

© 2021 KPMG KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

京ICP备12028186号-1
京公网安备11010102003233号

Connect with us