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  1. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... risk having to keep an increasing amount in property taxes paid by clients because of a delay in passing legislation to enact a doubling of stamp duty, the financial chief claims. The extra ... it was "undesirable" for law firms to keep a large amount of unpaid tax as there was a risk "some black sheep" could misappropriate it. Junius Ho Kwan-yiu, who runs a law firm, said the biggest ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  2. News - Hong Kong - POLITICS

    Slow progress to clear HK$6.8b funding requests to Legco Finance Committee

    Posted Jul 11th 2014, 04:56pm by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com Blood, sweat and … a HK$6.8b backlog An allowance for low-income families, a pay rise for civil servants and an innovation and technology bureau are among ... These include the low-income family allowance, civil servants' pay rise and the new bureau. Government officials reiterated yesterday that they would not reorder the committee's agenda to put ...

    http://www.scmp.com/news/hong-kong/article/1551993/gridlock-pan-dems-block-disputed-projects-government-blocks-fast
  3. News - Hong Kong - POLITICS

    Tax reform essential says former finance chief

    Posted Jan 21st 2014, 04:45am by Tony Cheung

    ... it is 17 per cent in Singapore. Ma said that while Hong Kong was reliant on its income from profits and income taxes, which accounted for more than half of the government's revenue, the two taxes only contributed to about a third of the Singapore government's income. "They can still support a [relatively] big government because they have a goods and services tax (GST) ...

    http://www.scmp.com/news/hong-kong/article/1409869/tax-reform-essential-says-former-finance-chief
  4. News - Hong Kong - POLITICS

    Occupy Central a danger to the Hong Kong property market, Barclays Bank warns

    Posted Jul 08th 2014, 11:52pm by Joyce Ng, Jeanny Yu and Ray Chan

    ... that in such an event, it would take the city longer to recover. According to his analysis, the home-price-to-income multiple, which reflects housing affordability, stands at 13.5. This is higher than ...

    http://www.scmp.com/news/hong-kong/article/1549994/occupy-central-danger-property-market-warns-barclays-bank
  5. News - Hong Kong - POLITICS

    'Send me back to jail', says Long Hair as pan-democrats surrrender to police over July 1 march

    Posted Jul 05th 2014, 08:08pm by Amy Nip, Joyce Ng

    ... for a low-income allowance and a new hospital, were still waiting to be approved. Leung, meanwhile, appealed to lawmakers from the five geographical constituencies to quit their seats to trigger ...

    http://www.scmp.com/news/hong-kong/article/1547477/send-me-back-jail-says-long-hair-pan-democrats-surrrender-police-over
  6. News - Hong Kong - POLITICS

    Some Hongkongers choose flags, dancing and music to mark handover

    Posted Jul 02nd 2014, 03:16am by LO WEI

    ... assessment of the state of Hong Kong, saying that income levels among the city's poorest residents were on the rise and home prices and rents were "under control". "At present, there is mild economic growth and people's employment is not a problem," Leung said. "The income of people are the grass roots are [increasing], prices are stable … the government has ...

    http://www.scmp.com/news/hong-kong/article/1544502/some-hongkongers-choose-flags-dancing-and-music-mark-handover
  7. News - World - POLITICS

    How Bill, and now Hillary, Clinton talked their way from 'dead broke' to rich

    Posted Jul 01st 2014, 11:21pm by WASHPOST

    ... slightly more than half of his appearances were in the US, the majority of his speaking income, US$56.3 million, came from foreign speeches, many of them in China, Japan, Canada and Britain. ... Bill Clinton for speeches have faced scrutiny from federal regulators. Spokesmen for the Clintons declined to comment. Clinton's income from speaking, unlike that of other former ...

    http://www.scmp.com/news/world/article/1544381/how-bill-and-now-hillary-clinton-talked-their-way-dead-broke-rich
  8. News - Hong Kong - POLITICS

    Fred Ma calls for widening of tax base

    Posted May 27th 2014, 04:22am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Fred Ma calls for widening of tax base Hong Kong should consider introducing indirect taxes and importing more workers to cope with the strain caused by an ageing population, the former commerce minister says. It was an "indisputable fact" that economic growth would slow as an elderly population caused government expenses to rise but tax ...

    http://www.scmp.com/news/hong-kong/article/1519748/fred-ma-calls-widening-tax-base
  9. News - Hong Kong - POLITICS

    Full text: CY Leung’s 2014 Annual Report

    Posted Jun 24th 2014, 09:49pm

    ... as the methods for selecting the Chief Executive in 2017 and for forming the Legislative Council in 2016. Our policy initiatives this year are focused on assisting low-income working families, ... Ordinance in March 2014 to reduce by half the profits tax rate for a captive insurer’s insurance business of offshore risks. • Introduced the Insurance Companies (Amendment) Bill 2014 in April 2014 ...

    http://www.scmp.com/news/hong-kong/article/1539724/full-text-cy-leungs-2014-annual-report
  10. News - World - POLITICS

    Hillary Clinton sounds and acts like she is running for president

    Posted May 18th 2014, 06:26am by MCT

    ... delivering what prognosticators quickly dubbed a potential stump speech: a 35-minute policy talk that decried the rising income gap between the rich and poor and touted her husband's stewardship ... into deficits and "what happens when your only policy prescription is to cut taxes for the wealthy". "I am an optimist, and I believe the time has come for us to begin not only ...

    http://www.scmp.com/news/world/article/1514386/hillary-clinton-sounds-and-acts-she-running-president

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