Regulatory · Crypto / Digital Assets · 2024

Hong Kong proposes tax exemptions for institutional crypto investments

Hong Kong Financial Services and Treasury Bureau issued tax exemption proposal on November 29, 2024.

Primary
Hong Kong Financial Services and Treasury Bureau
Structure
tax exemption proposal
Date
November 29, 2024
Sub-sector
Crypto / Digital Assets

Hong Kong proposes broad tax exemptions for cryptocurrency and digital asset gains by hedge funds, PE firms, and family offices to compete with Singapore and Luxembourg as a global financial hub.

Counterparty
Not disclosed
Amount
Not disclosed
Event date
November 29, 2024
HQ
Not disclosed
Structure
tax exemption proposal
Source published
November 29, 2024
Publisher
Blockonomi

Source: blockonomi.com