Following Legislative Council approval in December 2011, Hong Kong enacted legislation allowing tax deductions for the acquisition costs of specified intellectual property rights. The new deduction rule applies to the 2011 - 2012 assessment year and onwards.
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Contacts
- Tim Anson
- International tax services co-leader
- Tel: +1 (202) 414 1664
- Rob DeGaudenzi
- International Tax Desk leader
- Tel: +1 (646) 471 0645
