In March 2009, the Inland Revenue Department levied profits tax on credit unions in Hong Kong. A "CU Tax Working Group" is formed by the League and credit union representatives, hoping to explore feasible plans and strive for the greatest benefits in this matter.

For inquiries, please contact Mr. Lee Yuen-cheong, Chief Executive Officer at +852 2388 0177 or by email:

Profits Tax Computation (Chinese only)

This profits tax computation file created by CULHK is for reference only. CULHK does not assure that the calculation method is necessarily recognised or accepted by the Inland Revenue Department. Should credit unions have any inquiry about taxation, please consult your Certified Public Accountant(s).


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