Bahrain ratified the Bahrain-Hong Kong income tax agreement (2024) through Law No. 7/2025, as published in Official Gazette No. 3798 on 27 February 2025. The law came into force on 28 February 2025. Earlier, Bahrain’s Council of

The Hong Kong Inland Revenue Department has announced the Inland Revenue (Amendment) (Tax Concessions) Bill 2025, introducing a one-off reduction of profits tax, salaries tax, and personal assessment tax for the 2024/25 assessment year, as proposed

Chile’s tax authority (SII) has published Letter Ruling No. 369 on 14 February 2025 regarding foreign tax credits for taxes not covered by a treaty. The letter addresses whether a credit applies to US state taxes on income from technical

Hong Kong Financial Secretary Paul Chan delivered the 2025-26 budget on 26 February  2025, which included various tax measures such as  reducing profits tax, salaries tax and tax under personal assessment; raising the maximum value of properties

Bahrain has ratified the Bahrain-Hong Kong Investment Protection Agreement (2024) through Law No. 6/2025 on 13 February 2025. The ratification was published in Official Gazette No. 3795 on the same date. The agreement aims to bolster mutual

Chile's tax authority (SII) has released the ninth version of the Catalogue of Tax Schemes on 22 January 2025. The Catalogue aims to provide clarity to taxpayers on tax compliance for various issues and business models that may impact the Chilean