Hong Kong’s government is considering new tax rules that would give more favorable treatment to popular alternative investments including private credit and infrastructure, according to people familiar with the matter.
The proposals, set to be included in a consultation paper, would offer tax exemptions on items like interest income to special purpose vehicles for alternative investments including private credit, hybrid securities, real estate and infrastructure, the people said, requesting not to be named because the matter is private. The draft rules are expected to come out as early as this month, the people added.