Hong Kong: Updated Guidance on Tax Residence of Companies, Permanent Establishment and Transfer Pricing during COVID-19 Pandemic

18 August 2021

The Hong Kong Inland Revenue Department (“IRD”) has recently provided some guidance on its approach to tax issues relating to tax residency, permanent establishment and transfer pricing arising from the COVID-19 pandemic.  We briefly summarize here below the guidance issued by the IRD. Tax Residence of Companies Since the Covid-19 pandemic has restricted international travel, […]