In today’s edition: Australia – Senate passes Government’s multinational anti tax avoidance measures; Hong Kong – Inland Revenue (Amendment) (No. 4) Bill 2015 gazetted (which aims to enhance the existing interest deduction rules for the intra-group financing business of corporations and introduce a concessionary profits tax rate for qualifying corporate treasury centres) 

From the Hon Scott Morrison MP the Treasurer of the Commonwealth of Australia:

Senate passes Government’s multinational anti tax avoidance measures

From the Hong Kong Inland Revenue Department:

Inland Revenue (Amendment) (No. 4) Bill 2015 gazetted (which aims to enhance the existing interest deduction rules for the intra-group financing business of corporations and introduce a concessionary profits tax rate for qualifying corporate treasury centres)

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