Hong Kong SAR

Government welcomes Legislative Council passing the Stamp Duty (Amendment) (No.2) Bill 2026

The Hong Kong Government issued a statement expressing welcome for the Legislative Council’s approval of the Stamp Duty (Amendment) (No.2) Bill 2026. The amendment modifies the territory’s stamp duty framework, primarily targeting property transactions and specific financial instruments to curb speculative activity and promote market stability. Key changes include adjustments to duty rates, the introduction […]

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Tax Bureau Appeals Public to Guard Against Fraudulent Emails

The Hong Kong Inland Revenue Department issued an alert urging taxpayers to remain vigilant against fraudulent emails that impersonate the bureau. The phishing campaign involves messages claiming to be official notices regarding ‘unpaid tax liabilities’ and demanding immediate submission of personal documents via embedded links. The emails often contain malicious attachments designed to install malware

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Tax obligations of taxpayers and employers

The Inland Revenue Department (IRD) of Hong Kong has released a comprehensive guide outlining the tax responsibilities that both individual taxpayers and business operators must observe under the current tax regime. The document details the obligations to file annual tax returns within the stipulated deadlines, the requirement to maintain accurate records of income and expenses,

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