The Hong Kong (HK) Government passed the Limited Partnership Fund Bill, which took effect on 31st August, 2020. The Limited Partnership Fund (LPF) regime is a by-product of the collaboration between HK’s asset managers and the Government. This key objective of this new regime is to set up HK as Asia’s leading private equity […]
Brazil’s Supreme Court takes up taxation of software downloads
The income characterisation and taxation of software transactions has been raising controversies and conflicts in Brazil for a long time. The taxation regime applicable to software transactions in Brazil is quite complex. There are different federal, state and municipal taxes that are potentially applicable to software. That, together with the frequent changes in law […]