Tag: john tsang

The Hong Kong Monetary Authority has launched the Infrastructure Financing Facilitation Office in a bid to secure itself as the top financing hub in the world.

Proposed changes to the Inland Revenue Ordinance will have a dramatic impact on Hong Kong’s ability to attract treasury operations.

Hong Kong’s regulators have released plans to create explicit definitions of treasury centre services and activities that qualify for tax cuts.

Hong Kong’s proposed 8.25% treasury profits tax rate thrills some practitioners, but worries those with tailored structures.

Hong Kong financial secretary John Tsang sketched out plans announced in 2013 to make the city more attractive for China and regional treasury centres.

HK will outline community-influenced policies to attract more treasury centres to the city in the coming year, including tax incentives and benefits for treasurers as net lenders.