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  • July 11, 2014
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  1. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... for the public even if the public chooses not to buy them at their full cost and must be made to pay out of taxes instead of by choice. Who decides what is so very good? How do they know? What gives them ... is all hogged by big multinationals who serve the rich, will someone please provide me the average annual income of a McDonald's customer or a Nissan driver. The biggest multinationals all ...

  2. Property - International - CONCRETE ANALYSIS

    Ireland beckons for Asian property investors

    Posted Jul 09th 2014, 05:02am by Marie Hunt

    ... of 2013. But where does Asian capital fit into this equation? Well, on the surface it doesn't. Less than 1 per cent of investment in income-producing real estate in the Irish market in 2013 ... billion into global property. Although the Irish market is small, its occupier markets are considerably stronger than many other euro-zone locations due in part to its 12.5 per cent corporate tax ...

  3. Comment - Insight & Opinion

    Why Singapore is a poor role model for Hong Kong

    Posted Jun 29th 2014, 05:27am by Philip Bowring

    ... pollution, limiting private car ownership and taxing its use, or recycling water. The reason Singapore has done these things is not because it has an authoritarian government but because it has ... in which state enterprises and foreign companies were pre-eminent, and often provided with tax breaks, effectively curtailing the influence of big private businesses and disadvantaging small ...

  4. Comment - Insight & Opinion

    Tenants should pay fair share for public housing

    Posted Jul 08th 2014, 04:32am by SCMP Editorial

    ... SCMP Editorial Fair shares in public housing Public housing is made for low income earners. That it is heavily subsidised by public funds means it should be managed with fiscal prudence. When tenants face difficulties, concessions are provided to ease their burden. When their incomes increase, it makes sense to charge more. Under a revised formula in 2008, rent will be adjusted ...

  5. Business - Banking & Finance - FINANCE

    US slaps tax on bitcoin as IRS deems it to be 'property'

    Posted Mar 27th 2014, 01:21am by SHIRLEY ZHAO

    ... Shirley Zhao shirley.zhao@scmp.com HK urged to take firm position on bitcoin tax Hong Kong should have a clear stance on regulating the bitcoin virtual currency and whether it should be taxed, financial analysts say. They were speaking after a decision by the United States Internal Revenue Service on Tuesday to treat virtual currency as property for tax purposes, instead ...

  6. News - Hong Kong - SOCIETY

    Crunch time for new pension plan, says Professor Nelson Chow

    Posted Jun 30th 2014, 05:06am by LO WEI

    ... either by the government, employer and employee contributions, or through higher taxes. "In the end, the Hong Kong people will have to decide whether they are willing to pay. If people ... that Hongkongers have a stable income when they reach the retirement age, no matter whether they are rich or poor." He added that the middle and upper classes would benefit most from the proposed ...

  7. News - World

    George Osborne promises tax relief and cheaper bingo and beer in British budget speech

    Posted Mar 20th 2014, 01:44am by Reuters

    ... something lawmakers in his Conservative party had been demanding. He also announced the latest in a series of increases in the amount of money people can earn before paying income tax. The new ... Reuters in London Measures revealed in fresh austerity budget before country goes to the polls next year UK to hike tax on company property British Chancellor of the Exchequer George ...

  8. News - Hong Kong - PUBLIC EYE

    Democracy hopes hang by a thread. Who will blink first?

    Posted Jul 02nd 2014, 03:16am by Michael Chugani

    ... for 175,000 people. About 60 per cent will be public or government-subsidised flats for low-income families. Only about 1,000 families will be uprooted. Many are squatter families who pay nothing ... money from your tax dollars. Public Eye is no fan of property tycoons, but in the case of the new towns, villagers are not being uprooted so tycoons can profit by building luxury homes. Most ...

  9. Business - Companies - TAXATION

    Cathay to withhold US pilots' wages for taxes

    Posted Mar 03rd 2014, 02:59am by Phila Siu

    ... (Privacy) Ordinance. At the centre of the controversy are two US tax regulations- an income tax withholding requirement in the Internal Revenue Code and the Foreign Account Tax Compliance Act. ... Revenue Service is actively seeking airlines flying into the US to ensure they are fully compliant with all US income tax requirements," Cathay said. "As an international airline flying ...

  10. Comment - Letters

    Letters to the Editor, July 6, 2014

    Posted Jul 06th 2014, 03:48am by LETTERS

    ... developers engaging in cronyism and causing widespread discontent. Both cities have low taxes, making them tax havens for rich foreigners and locals. However, Singaporean state-run corporations ... insecurity. Although Hong Kong has a higher gross domestic product relative to its gross national income, while Singapore is the opposite, in Hong Kong the rich get a higher proportion of GDP. ...




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