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  1. Club hoping to accelerate pace of taxation change

    Posted Dec 21st 2007, 12:00am by Murray Bell

    ... Murray Bell Hong Kong's inability to participate in the Global Trifecta bet will be a spur to the Jockey Club seeking to accelerate a betting taxation reform agenda ... the prime movers in this field are being inappropriately left behind by circumstances beyond their control. Chief executive Winfried Engelbrecht-Bresges said yesterday the level of taxation required ...

  2. IIT Law stays in line with international best practices

    Posted Nov 02nd 2007, 12:00am by Chris Davis

    ... with many other jurisdictions, the mainland government observed international practice by setting in place arrangements that avoided double taxation on overseas people working in the country. She ...

  3. Worldwide shortage of international tax professionals

    Posted Aug 24th 2007, 12:00am by Staff Reporter

    ... accountants, others may be lawyers or have ploughed through the examinations demanded by chartered institutes of taxation. 'Even within international tax there are lots of specialities, ... Susie Gyopos Thanks to surging demand for their skills and a worldwide shortage of individuals with the right background and experience, things have never looked so good for international ...

  4. Unified system introduces new challenges

    Posted Apr 26th 2007, 12:00am by Kate Watson

    ... in China that enjoy tax breaks offered by the present taxation system. China's new Corporate Income Tax Law (the CIT law) was tabled before this year's National People's Congress ... is to hold an immediate review of their mode of operations and legal structure. This might include moving regional headquarter functions from China to Hong Kong to avoid worldwide taxation in China. ...

  5. Moving out of the financial comfort zone

    Posted Apr 22nd 2007, 12:00am by Chris Davis

    ... and regulations. Mr Lam said these days it was not uncommon for a high-net-worth Hong Kong resident to have businesses and investments spanning many different international and financial borders, which were subject to different taxation regulations. The situation becomes further complicated when the children of high-net-worth individuals are educated or working in high-tax jurisdictions ...

  6. New rule raises fears of property, stock gains taxes

    Posted Nov 17th 2007, 12:00am by Sandy Li

    ... trades, fanning concerns that taxes on gains on the transactions may not be far off. In an online statement, the State Administration of Taxation said that from the start of next year, people ... to check rising property prices,' Land Power International chairman Michael Choi Ngai-min said. But Mr Choi said it was too early to assess the impact considering no details had been released ...

  7. New rule creates hurdles for foreign developers

    Posted Jun 13th 2007, 12:00am by Yvonne Liu

    ... Yvonne Liu Regulations tighten access to mainland market Foreign developers are expected to face more uncertainty and difficulty in acquiring projects in the mainland after the central government imposed a new ruling restricting investment in the property ...

  8. Profit warning over tax payment hits Giordano

    Posted Feb 13th 2007, 12:00am by Andy Chen, Enoch Yiu

    ... Andy Cheng and Enoch Yiu Shares of casual wear retailer Giordano International fell as much as 4 per cent yesterday following a profit warning after the mainland authorities demanded ... indicating how many years were covered. The Guangzhou Municipal Office of the State Administration of Taxation concluded after a review that the taxable income for Giordano's mainland operation ...

  9. Our problem is taxation without representation

    Posted Aug 07th 2007, 12:00am by Jake Van Der Kamp

    ... the pitfalls of representation without taxation. Voters become more responsible and more restrained in urging welfarism when they recognise that, at the end of the day, they have to pay ... taxation but taxation without representation. Even if this were not so, however, it is a good a question whether representation should be based on share of assets rather than share of opportunity. ...

  10. Lawmaker warns against excessive use of green taxation

    Posted May 28th 2007, 12:00am by Staff Reporter

    ... Cheung Chi-fai Hong Kong may lose the edge offered by its simple taxation system if it imposes too many environmental levies that might hurt small businesses in particular, a lawmaker has ... rather than a tax or levy. 'I won't agree to the use of penalising taxation. If more and more of these taxes are to come, for say rubber tyres or beverage bottles, it will shake ...




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