In December 2020, the Financial Services and the Treasury Bureau (FSTB) of the government of Hong Kong issued a proposal to provide tax concession for interest distributed by eligible private equity funds which operate in Hong Kong. This proposal summarised and addressed comments and feedback from a prior response issued by the government of Hong Kong in August 2020. This article is a detailed submission on the August 2020 proposal.
On 8 February 2021, the Securities and Futures Commission (SFC) of Hong Kong (SFC) issues a consultation paper, which if successfully enacted as it was proposed, would have an impact on the way in which public offerings of equity and debt securities are made in Hong Kong. The following article provides an overview on the provisions of the consultation paper and the specific effects of its inaction.
In light of the news that 2020 has been an exciting year for Hong Kong’s asset and wealth management industry, this article provides an overview of the of a recent proposal issued by the Hong Kong government’s Financial Service and The Treasury Bureau. This proposal provides a framework and procedures involves in the redomiciling process of an offshore fund to Hong Kong.
The State of New York views withholding tax audits as a substantial revenue raiser, which is why the number of audits continues to increase every year. These audits involve complex and lengthy processes, including the review of an expansive list of documents focused on the most common areas of noncompliance.
This checklist provides entities a comprehensive list and tips of components and terms to consider when drafting a vendor contract. This material should be tailored to your specific situation and legal questions through legal consultation.
This sample contract describes an agreement made between two parties to transfer tangible materials to be used for research purposes. The sample contract should be adapted to your unique situation and specific legal questions through legal consultation.