Hong Kong Tax Agency Updates Lists of Qualifying Debt Instruments Eligible for Preferential Tax Treatment

The Hong Kong Inland Revenue Department April 30 updated the lists of qualifying debt instruments eligible for preferential profits tax treatment, current as of Dec. 31, 2025. The updated lists include that: 1) short- and medium-term debt instruments issued before April 1, 2018, are eligible for a 50 percent profits tax reduction; 2) long-term debt instruments issued before April 1, 2018, are eligible for a profits tax exemption from the 2003-2004 year of assessment; and 3) debt instruments issued on or after April 1, 2018, are eligible for a profits tax exemption from the 2018-2019 year of assessment. [Hong Kong, ...