Briefing: Hong Kong weighs ‘big bang’ tax cuts for asset managers

Hong Kong is evaluating a substantial overhaul of its tax framework for asset managers, particularly concerning the carried interest regime.

This potential reform may result in the removal of levies on performance fees at hedge funds, which could significantly alter the operational landscape for these entities.

Such changes could enhance Hong Kong's attractiveness as a financial hub, but they also raise questions about the long-term implications for tax revenue and regulatory balance.