New Hong Kong tax concession for aircraft leasing businesses (July 2017)
Client Briefings
Introduction
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The Inland Revenue (Amendment) (No. 3) Ordinance 2017 (the "Ordinance") was gazetted and came into effect on 7 July 2017. The Ordinance introduces a tax regime for Hong Kong's aircraft financing and leasing industry that will rival those of competitor jurisdictions such as Ireland and Singapore.
