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  • October 26, 2014
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  1. Business - China Business - TAXATION

    China fails to collect 65pc of corporate taxation, says IMF

    Posted Jun 27th 2014, 01:04am by Toh Han Shih

    ... it to attract foreign direct investment (FDI) far out of proportion to the size of its economy, according to a report by the International Monetary Fund (IMF). Among 46 economies, the IMF said ... an international trust company, said it was estimated that nearly US$2 trillion of mainland money was abroad. "A significant percentage of that is not declared to the Chinese government," he ...

  2. Property - International - CONCRETE ANALYSIS

    British budget tightens taxation of homes held by non-residents

    Posted Apr 08th 2014, 03:21pm by KATIE GRAVES

    ... the paper suggests a significant shift in the taxation of British residential property held by non-residents. Only time will tell what impact the changes will have on the London property market now and in the future. Katie Graves is a partner at international law firm Withers ...

  3. Double taxation deal 'so close', yet so far

    Posted Jan 26th 2010, 12:00am by Martin Donovan

    ... General to Hong Kong, L.D. Ralte, smiles wryly as he admits the time is up on meeting a target he set when he took up office here three years ago. 'We're so close to the double taxation ... agreements with a sovereign state, but this was changed to economic entities.' The double taxation agreement will allow Indian and Hong Kong businesses to be exempt from paying tax twice ...

  4. Property - Hong Kong & China - Tax

    Taxation measures influence market

    Posted Mar 20th 2013, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Taxation measures influence market Policy measures relating to taxation and lending conditions can significantly influence buyers worldwide, including luxury home buyers, says Christie's International Real Estate. In a new survey, the property consultancy examined 10 cities and found that recent changes to capital gains taxes, wealth taxes, ...

  5. News - China

    Netizens applaud US taxation plans amid concerns about corruption in China

    Posted Feb 16th 2013, 02:05pm by Peony Lui

    ... A new US taxation act should be the newest addition to China’s anti-graft tool kit – at least according to many Chinese netizens. The blog post – entitled America joins China’s ... their identities confidential.” The post ended with a telephone hotline for the US Internal Revenue Service Office in Beijing. The speculation stemmed from last month’s adjustments to the Foreign Account ...

  6. HK to sign agreement with Thailand on double taxation

    Posted Sep 06th 2005, 12:00am by Staff Reporter

    ... STAFF REPORTER Updated at 6.14pm: Hong Kong and Thailand this week will sign an agreement on the avoidance of double taxation- designed to help SAR businessmen who are planning to invest ... in Thailand,'' a government spokesman said on Tuesday. This is the first comprehensive agreement for the avoidance of double taxation (CDTA) that Hong Kong has concluded with an economy ...

  7. News - China - ECONOMICS

    Party paper hits out at foreign firms, alleging widespread tax avoidance

    Posted Oct 14th 2014, 05:00am by Li Jing

    ... as China seeks to enforce a 2008 anti-monopoly law. Officials denied this. The People's Daily report quoted Liao Tizhong, director-general for international taxation with the State ... to the website of the State Administration of Taxation. Last September, G20 nations including China endorsed an international plan to combat the global practice of shifting funds to low-tax jurisdictions ...

  8. Calls intensify for more double taxation treaties

    Posted Sep 20th 2011, 12:00am

    ... as an international centre, we need a treaty network, double taxation advocating the right to tax in a different state and making it very clear which state is taxing what and when. Nowadays, ... Bo Leung Tax experts are urging the government to push ahead and sign more double taxation treaties. At the moment, Hong Kong has signed 21 treaties, seven of which are in force and five ...

  9. Comprehensive take on China's taxation

    Posted Jul 30th 2011, 12:00am

    ... when Bert Kwok began his lecture on the 'Principles of Accounting and Taxation in the PRC' and proved to be an engaging speaker. Kwok is currently an executive partner of ChengHe CPA in Hong Kong and holder of a Chinese Institute of Certified Public Accountants (CICPA) qualification with the Association of International Accountants. Thus, he would be one of the best people ...

  10. 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 ...




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