Bloomberg
US · 4 hrs ago
✦ 78◉ Centre
Hong Kong Fund Managers Set for Pay Bump in New Tax Plan
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Quality 78/100
Partisan intensity 25/100
ObjectivePartisan
◉ Centre ✓ Fair headline
Hong Kong is implementing a tax law change that will effectively eliminate taxes on performance-related income for certain hedge funds, benefiting fund managers in the city.
Hong Kong Fund Managers Set for Pay Bump in New Tax Plan
Hedge fund managers in Hong Kong are set to benefit from a change to the city’s tax laws, which will effectively eliminate taxes on performance-related income for some funds.
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