Hong Kong to offer crypto tax break for hedge funds, family offices...

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2024-11-29 12:08:54

Hong Kong to offer crypto tax break for hedge funds, family offices – report

Hong Kong plans to exempt private equity funds, hedge funds and the investment vehicles of the super-rich from paying tax on gains from cryptocurrencies, private credit investments and other assets, as the city strives to become a top offshore finance hub, the Financial Times<reported on Thursday. In a 20-page proposal, which was circulated this week and seen by the Financial Times, the...

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