China Mulls Dividend Tax Waiver on Hong Kong Stocks Connect (1)

China is considering a proposal to exempt individual investors from paying dividend taxes on Hong Kong stocks bought via Stock Connect, according to people with knowledge of the matter.

Regulators including the China Securities Regulatory Commission and the State Taxation Administration are reviewing a plan submitted by Hong Kong to waive the 20% tax on dividends from Hong Kong stocks bought via the link that connects to Shanghai and Shenzhen, the people said, asking not to be named discussing private information.

The proposal aims to avoid double taxation and align fairer arrangements for investors both in Hong Kong and ...