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OVERVIEW

Our Tax practice complements our practices in Hedge Funds and Private Equity, for which we have been internationally recognized as leading practices by the International Financial Law Review 1000 (IFLR1000), the Legal 500, Chambers and Partners and asialaw.

Hedge fund managers, private equity sponsors, family offices, wealth managers and independent financial advisers as well as providers of financial technology routinely trust us to advise on the Hong Kong tax regime and tax planning opportunities to manage tax liabilities and to represent them in tax enquiries from and controversies with the Inland Revenue Department (“IRD”).

As a law firm, our tax advice is protected from disclosure by legal professional privilege, meaning that our clients can be assured that neither the IRD nor any other authority can compel the disclosure of their communications with us and our advice to them.

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PRACTICE AREAS

Taxation of

PRIVATE EQUITY

At Timothy Loh LLP, we offer comprehensive tax services for private equity funds and their sponsors. We guide you through the maze of managing tax liabilities arising from management fees, carried interest, other fees from investment banking service as well as portfolio investment income. We are familiar with fund related profits tax exemptions.

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Taxation of

HEDGE FUNDS

Our experience extends to the taxation of hedge funds and their managers. We understand the unique tax intricacies that come with management fees, performance fees, and income from underlying portfolio investments and are familiar with applicable tax exemptions, including profits tax exemptions for funds. Our legal advice can help you navigate these complexities and how to manage tax liabilities effectively.

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TAX PLANNING

At Timothy Loh LLP, we can help minimize your tax liabilities in Hong Kong through our tax planning services specially tailored for individuals, corporations and private funds. These can identify potential strategies to minimize liabilities for Hong Kong profits tax, salaries tax and property tax under the Inland Revenue Ordinance (“IRO”)

We take into account anti-avoidance provisions under the IRO and the common law, base erosion and profit shifting (“BEPS”) measures as well as the administrative framework under the IRO to provide you with optimal tax solutions.

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Our team is proficient in addressing potential liabilities and identifying tax exemptions under the Inland Revenue Ordinance (IRO) and actively engaged in communications with the IRD to shape the scope of Hong Kong profits tax exempt relief for private funds.

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