Crypto Tax Breaks: Hong Kong’s New Plan to Rival Global Investment Hubs

Quick Summary:

In a recent proposal, the Hong Kong government said the new plan would exempt private equity funds, hedge funds, and ultra-high-net-worth investment vehicles from taxes on cryptocurrency, private credit investments, and other asset returns.

Hong Kong has publicized plans to widen its tax-exemption net to include hedge funds and high-net-worth individuals.

The proposal highlights the […]

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets: IndiaHong KongSingaporeSwitzerland

Topics: Cryptocurrency Crypto Tax Market News Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-28 @ 13:25:58 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 149 words

Reading Time: 1 minutes read

Sentences: 45 lines

Sentence Length: 4 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23921963

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 14 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #124

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