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  • November 27, 2014
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  1. We must not tolerate these rich tax cheats

    Posted Mar 15th 2010, 12:00am by Staff Reporter

    ... Renewed diplomatic spats over Switzerland's banking secrecy are a clear sign that the days of the alpine nation's highly lucrative, if shadowy, practice are numbered. Swiss officials and bankers should accept reality and overhaul the system. The ...

  2. Events

    Posted Feb 27th 2010, 12:00am by Staff Reporter

    ... Monday, March 1: American Chamber of Commerce lunch: 'New in China cross-border taxation: Circulars 601 and 698'. Bank of America Tower, Central. Tuesday, March 2: International SOS and Cigna International Expatriate Benefits seminar: 'Duty of care expert forum on managing the risks of a global workforce'. American Club. ...

  3. Increases in tobacco tax can help put off young smokers

    Posted Feb 02nd 2008, 12:00am by Staff Reporter

    ... in reducing tobacco use, especially among the young. How can anyone oppose this? Hong Kong is now under international treaty obligation to the World Health Organisation's Framework Convention ... overdue. Our graphic health warnings have received international recognition, for example, they were recently featured in a full page of a newspaper in India. Let us do the same with our tobacco ...

  4. Delaying minimum wage will only aggravate rising poverty

    Posted Feb 23rd 2009, 12:00am by Staff Reporter

    ... important measure. Others include a sustainable employment policy, a taxation policy that upholds social justice, a more comprehensive social security system and a more equitable business environment. Oxfam emphasises that, in this current international financial crisis, developed economies such as Hong Kong should help their low-income residents and that policy changes to safeguard ...

  5. Legislator urges tax incentives for investors

    Posted Oct 25th 2004, 12:00am by Enoch Yiu

    ... Heung-man, of the accountancy functional constituency and a tax expert herself, said she had submitted a proposal to the government for a review of the taxation system. 'The government should... plug the loopholes in the tax law and bring in more tax incentives to attract international investors to Hong Kong,' she told the South China Morning Post. She said many financial markets ...

  6. Law spares 60m from income tax

    Posted Sep 01st 2011, 12:00am

    ... Kong, the local taxation authorities said seven million workers would be exempt from their tax burden, resulting in a reduction of 13.4 billion yuan a year in government revenue. The new tax rules would relieve about 60 million workers of the burden of paying personal income tax, Wang Jianfan, a tax official at the Ministry of Finance, was quoted as saying by the International ...

  7. Tang may opt to widen salaries tax band

    Posted Feb 15th 2006, 12:00am by Jimmy Cheung

    ... children and an annual income of $500,000 would end up paying $31,000 a year instead of $33,000, a drop of 5 per cent, the Taxation Institute of Hong Kong says. Figures obtained by the South China Morning Post showed most of the government's major revenue items had performed better than over the same period last year. By the end of December: Internal revenue, which comprises salaries ...

  8. Smoking out the real victim of heavy tobacco taxation

    Posted Feb 06th 2008, 12:00am by Jake Van Der Kamp

    ... right to interfere in their lives this way, which I think is debatable, taxes on the poor strike me as just plain wrong. Dr Mackay, however, says that we are now under international treaty ... It doesn't mean much to me. International talk shops are set up all the time to promote worthwhile causes and they have a way of passing resolutions to which the countries that sent delegates ...

  9. Higher tobacco taxes sought by WHO

    Posted Jun 01st 2004, 12:00am by Staff Reporter

    ... Convention of Tobacco Control, the World Health Organisation's first international public health treaty, but it will take up to three years before it is ratified into national law ... interest. Yunnan province is the mainland's largest supplier of tobacco and about 70 per cent of revenue is provided by the cash crop. 'Tobacco taxation is one of the most effective ...

  10. Legislation best way to end discrimination

    Posted Feb 01st 2010, 12:00am by Staff Reporter

    ... is in place to ensure equality for racial and ethnic minorities, the sexes and the disabled. Such protection would be firmly in line with our claim to be an international city- the key attributes ... discrimination on the grounds of sexual orientation would involve heated debate. Education, health and taxation would be on the agenda. The recognition of same-sex partnerships would inevitably ...




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