Editorial Comment

Hong Kong passes new tax regime for aircraft; US enacts new security protocols for airlines

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Hong Kong passes new tax regime for aircraft; US enacts new security protocols for airlines

After its third reading, the Hong Kong Legislative Council passed the “Inland Revenue (Amendment) (No. 2) Bill 2017” yesterday (June 28, 2017), which includes reductions in profits tax for aircraft leasing companies. The amendment ordinance will soon by gazetted and will take effect shortly. CAL...

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