• Wednesday
  • July 30, 2014
  • Last updated: 5:01pm
Hong Kong




Refine Your Search

Sort by

Search Results

Results 1 - 10 of 45 for alcohol

Related topics matching your search

Search results

  1. Shelve alcohol tax cuts, they're only being pocketed by the trade

    Posted Jun 02nd 2007, 12:00am by Staff Reporter

    ... for substantial cuts to tax on alcohol. In the 2007-2008 budget, the financial secretary announced tax on alcohol would be halved, reducing the duty on wine from 80 per cent to 40 per cent, and on beer, from 40 per cent to 20 per cent. He believed this would help promote the development of Hong Kong's catering industry, tourism, and wholesale and retail trades on alcoholic beverages, ...

  2. Tsingtao denies wrongdoing in paying lower amount of tax

    Posted Jul 16th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu in Qingdao Locally listed Tsingtao Brewery, facing a huge mainland back-tax bill, said it had done nothing wrong by continuing to pay a lower amount of tax nine years after a concessionary rate reportedly ended. Tsingtao, one of the first nine c ...

  3. Raising sin taxes finds little favour

    Posted Mar 09th 2005, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong's twin sin taxes, on tobacco and alcohol, have room for further increases but the government is being advised not to tinker with them. 'These are sensitive ... on alcohol duty launched in December has yielded mixed reactions. But there is a high level of consensus that the tax should remain unchanged. There are fears that a tax rise could encourage more ...

  4. It's wrong to pull the plug on a GST

    Posted Dec 08th 2006, 12:00am by Staff Reporter

    ... alcohol taxes', December 6), many of us agree with legislator Tommy Cheung Yu-yan that the 80 per cent duty on wine is too high. The tax on a HK$100 bottle of wine in France, Britain ... and services or value-added tax. They tell a simple story: an 80 per cent tax is excessive. Dr Santos' letter seems to confuse wine with other alcohol, and alcohol abuse with wine drinking. ...

  5. Too virtuous for sin taxes

    Posted Jun 10th 2004, 12:00am by Tony Latter

    ... a much lower yield than do many other economies. I refer in particular to duties on fuel, tobacco and alcohol. Although it is difficult to obtain exactly comparable and up-to-date figures, ... in recent years in the case of alcohol. Duties were increased in the 2001 and 2002 budgets, but the revenue yield in the last fiscal year is estimated to have been no higher than five years earlier. ...

  6. Regulator endorses drink-drive insurance

    Posted Aug 21st 2003, 12:00am by Staff Reporter

    ... The mainland's top insurance regulator yesterday backed a Shanghai insurer's policy to cover drivers under the influence of alcohol. The China Insurance Regulatory Commission ... the policy should be promoted. The commission spokesman said: 'This is a form of liability insurance and it will enable victims to receive compensation if the drivers who have consumed alcohol ...

  7. Creatures of habit

    Posted Jul 29th 2012, 12:00am

    ... Mark Footer We all need to eat and most of us crave a little stimulation now and again, but when things get out of hand, we use the word 'addiction', and can turn for help to Alcoholics Anonymous, Overeaters Anonymous, Gamblers Anonymous, rehab clinics and the like. Where, though, might you find a Wealth-Hoarders Anonymous meeting? Clearly there is a need. According ...

  8. 'Sin' tax is an effective way to help finance public health care

    Posted Apr 07th 2008, 12:00am by Staff Reporter

    ... like to comment on now. I have read the government's proposals and submitted my comments. I find it curious that a 'sin' tax on alcohol, cigarettes and pornography has not been ... are not millionaires. Also I find it baffling that the tax was reduced on wine sales. The taxes raised on alcohol should go to treat the liver, lung, head and neck cancers it creates. It is time society taxed ...

  9. Cut wine tax further: Liberal chief

    Posted May 29th 2007, 12:00am by Ambrose Leung

    ... to cut prices after a reduction in the tax on alcohol. In his budget, Mr Tang announced this tax would be halved, reducing the duty on wine from 80 per cent to 40 per cent, and on beer from 40 ... to pass on the alcohol duty cut in full to customers. ...

  10. Comment - Insight & Opinion

    Islamic finance finds a rapidly growing niche in the secular world

    Posted Oct 29th 2012, 12:00am by Haslinda Amin

    ... be welcomed by potential clients of many other religions- and doubtless supported by potential agnostic borrowers too; and a disdain for investing in industries like alcohol or gambling clearly can ...




SCMP.com Account