Exemption from Salaries Tax (International Finance Corporation) Order
(Enacting provision omitted—E.R. 5 of 2020)
[13 October 2007]
(Format changes—E.R. 5 of 2020)
(Omitted as spent—E.R. 5 of 2020)
In this Order—
International Finance Corporation (國際金融公司) means the international organization of that name established in Washington, D.C. on 24 July 1956.A Chinese national or Hong Kong permanent resident is exempt from the payment of salaries tax chargeable under section 8 of the Ordinance in respect of his income—
arising in or derived from Hong Kong from—
his holding an office in the International Finance Corporation; or
his employment with the International Finance Corporation; and
paid by the International Finance Corporation.
This section applies in relation to salaries tax chargeable for the year of assessment commencing on 1 April 2007 and for all subsequent years of assessment.