Hong Kong Hopes to Change Restrictive Tax Exemption Laws

The Hong Kong government is hard at work to change the restrictive tax exemption laws that it currently has on private equity funds; they are hoping that by doing so they will be better positioned to compete with Singapore and other markets. Financial Secretary Paul Chan explained recently in a blog post that changing the laws would help them to attract more private equity funds in Hong Kong.

Learn more about the issues and see how the government is trying to deal with the situation.