27 Feb Hong Kong ‘losing out’ to jurisdictions such as Singapore, should exempt private credit assets from tax: industry body
Posted at 01:30h
in Asia
Hong Kong’s funds industry is calling for a profit tax exemption for private credit assets, as the city is failing to attract a booming business and is losing out to Singapore because of its existing tax regime.The Unified Fund Exemption (UFE) regime allows most private-equity...