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The first HK$2 million of assessable profits taxed at % The gain on sale of shares in a Hong Kong corporation is generally not taxable unless the. We are particularly reliant on income taxes and revenues from land sales and investment earnings to support our expenditure. As income from these sources is. Hong Kong Tax System - Simple and Low tax rate · Salaries tax - 15% · Profit tax. Tax rate. Assessable profits, Corporations. First HK$2 million, %. Over HK$2.

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Key Takeaways · Residents who earn income in the region pay taxes of between 2% and 17%, depending on salary, while residents who earn income beyond the island's. Its Over the last five years, tax collected by Hong Kong's Inland Revenue Department Probable choice - wholesale sales tax If Hong Kong were to adopt a. trade, profession or business in Hong Kong are subject to tax on Hong Kong-source profits (excluding profits arising from the sale of capital assets). Foreign.

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This revenue is derived substantially from land sales and earnings from the investment of accumulated Budget surpluses. Hong Kong's revenue base, with its. Hong Kong Tax System - Simple and Low tax rate · Salaries tax - 15% · Profit tax. Tax rate. Assessable profits, Corporations. First HK$2 million, %. Over HK$2. Inland Revenue Department Brand Hong Kong Tax Rates. Tax rates for the latest 7 years. Profits Tax · Property Tax · Salaries Tax · Personal Assessment.