The Hong Kong Inland Revenue Department (IRD) has released Advance Ruling Case No. 75 on 30 September 2024, addressing the tax implications of an in-kind dividend involved in a restructuring. Advance Ruling Case No. 75 1. The provisions of the

The Canadian Parliamentary Budget Officer (PBO) has presented updates on 7 November 2024 regarding Canada's Alternative Minimum Tax (AMT) changes outlined in the 2024 Budget. Budget 2024 introduced amendments to the Alternative Minimum Tax (AMT)

The Hong Kong Inland Revenue Department has announced that representatives from Hong Kong and Rwanda will begin their inaugural round of income tax treaty negotiations from 18 – 22 November 2024. A tax treaty is a bilateral agreement between

Ecuador’s Ministry of Production, Foreign Trade, Investment, and Fisheries announced that Ecuador and Canada have successfully concluded their fourth round of negotiations for an FTA on 25 October 2024. This meeting, which took place in person

Hong Kong has gazetted the Stamp Duty Legislation (Miscellaneous Amendments) Bill 2024 on 8 November 2024, which eliminates stamp duties payable on the transfer of real estate investment trust (REIT) units and the jobbing business of option

Hong Kong’s Inland Revenue Department (IRD) issued the Circular Letter To Tax Representatives Block Extension Scheme For Lodgement of 2023/24 Tax Returns on 4 November 2024, extending the due date for ‘M’ code tax filing