News Snapshot:
This content is from: [Hong Kong SAR](/jurisdictions/asia-pacific/hong-kong-sar) Hong Kong SAR’s IRD issues guidance on tax issues arising from COVID-19 Lewis Lu and John Timpany of KPMG discuss the Inland Revenue Department’s views on COVID-19 and the potential tax implications for taxpayers. COVID-19 has brought border closures and unprecedented disruption to the global business environment for more than 18 months. Many companies have had to change the way in which they operate, and employees have been forced to work in locations outside their usual place of employment. On July 29 2021, the Inland Revenue Department (IRD) issued guidance examining certain tax...
