Hong Kong has recently overtaken Switzerland as the world’s largest cross-border wealth management centre1. As part of its continuing efforts to strengthen its position as a leading international asset and wealth management centre, Hong Kong has introduced the Inland Revenue (Amendment) (Preferential Tax Regimes for Funds, Family-owned Investment Holding Vehicles and Carried Interest) Bill 2026 (the “Bill“), which was gazetted on 12 June 2026, …
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