Partnership Taxation (Hong Kong)

Partnership Taxation (Hong Kong)

Partnership taxation in Hong Kong is the taxation of the profits or losses generated by partnership business entities. First, these profits or losses of the partnership are assessed according to the Hong Kong Inland Revenue Ordinance, Chapter 112, section 22. After assessment, then said profits or losses flow through the partnership to the partners who are then taxed on their share of said profits or losses generated by the partnership without any taxes levied against the partnership.

Read more about Partnership Taxation (Hong Kong):  Assessment of Partnership, Partner's Share

Other articles related to "partnership":

Partnership Taxation (Hong Kong) - Partner's Share
... his or her share of the profits or losses generated by the partnershipexcluding partnershiplosses brought forward under section 19C ... The partner'sshare in this partnershipis governed by Inland Revenue Ordinance,Chapter 112,section 22B ... Said partner'sshare equals to the sum of contributions made to the partnershipas capital less distributions or constructive distributions ...

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