This Spring edition of the Asia Tax Bulletin features the tax changes due to the Government Budget taxation measures issued during the past three months by the governments of Hong Kong, Malaysia (including the proposed introduction of a capital gains tax in 2024) and Singapore. It also highlights the tax reform changes in Korea and addresses a host of other tax developments which you may find to be of interest, including the details of Hong Kong's tax incentive for qualifying family investment holding companies.

We trust this edition contains useful information in order to keep abreast with the latest tax developments in the Asian jurisdictions featured in this Bulletin.

View the Interactive Document

Visit us at mayerbrown.com

Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the "Mayer Brown Practices"). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC ("PKWN") is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. Details of the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website. "Mayer Brown" and the Mayer Brown logo are the trademarks of Mayer Brown.

© Copyright 2023. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.