The Corporate Tax Rate in Hong Kong stands at 16.50 percent. source: Inland Revenue Department, Hong Kong

Corporate Tax Rate in Hong Kong averaged 16.57 percent from 1997 until 2019, reaching an all time high of 17.50 percent in 2004 and a record low of 16 percent in 1999. This page provides - Hong Kong Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hong Kong Corporate Tax Rate - values, historical data and charts - was last updated on December of 2020.

Corporate Tax Rate in Hong Kong is expected to reach 16.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hong Kong Corporate Tax Rate is projected to trend around 16.50 percent in 2021, according to our econometric models.

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Hong Kong Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
16.50 16.50 17.50 16.00 1997 - 2019 percent Yearly

Hong Kong Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 16.50 16.50 17.50 16.00 percent [+]
Personal Income Tax Rate 17.00 15.00 17.00 15.00 percent [+]


Hong Kong Corporate Tax Rate
In Hong Kong, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Hong Kong.