Wealth Updates · Monthly Report
WeChat claim entry is being prepared · QR code coming soon
Once the official WeChat account is ready, it will be announced here, and you can view the claim method.
View WeChat entry instructionsWealth Updates
Leave your email to request occasional delivery of our report on Hong Kong wealth management.
Leave your emailRegulatory authorities have issued a tax reclamation announcement, shattering the tax avoidance shell of trusts. Some Chinese tycoons are urgently paying back taxes in response to the requirements, even raising funds by selling off assets.
Read originalA 2% tax is being pursued on offshore trusts, involving 8 tycoons including Lei Jun and Ding Lei with over HK$1 trillion in assets. This tax policy may trigger a chain reaction of asset sell-offs by the involved tycoons.
Read originalThe deadline for tax collection from the wealthy is approaching. Relevant commentary believes that this tax collection measure is killing the goose that lays the golden eggs.
Read originalThe Hong Kong SAR Government published the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026 in the Gazette on October 16, relaxing tax deduction arrangements for relevant capital expenditures incurred by enterprises in acquiring eligible intellectual property or obtaining licenses to use it.
Read originalThe Hong Kong SAR government gazetted the Inland Revenue (Amendment) (Tax Deduction for Intellectual Property Expenditure) Bill 2026, relaxing tax deductions for capital expenditure incurred by enterprises on acquiring intellectual property or related usage licenses. The bill will apply to intellectual property acquisition or license contracts signed on or after 1 April this year, covering tax deductions for three types of capital expenditure: acquiring intellectual property from related parties, intellectual property used by licensees outside Hong Kong, and prepaid license fees for intellectual property usage.
Read original
