Hong Kong plans to scrap its 17% tax on carried interest for hedge funds, private credit, and VC firms, extending its 0% PE concession to all qualifying

Hong Kong plans to scrap its 17% tax on carried interest for hedge funds, private credit, and VC firms, extending its 0% PE concession to all qualifying

The tax reform bill, which the government expects will attract talent to the city, is set to be read by lawmakers on June 24.