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  • November 24, 2014
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  1. When evasion methods are legal but morals debatable

    Posted Dec 20th 2009, 12:00am by Staff Reporter

    ... of Tax Justice Network, you can link to Transparency International, which rates places according to how corrupt they are. The least corrupt is New Zealand, Singapore is third, Hong Kong 12th ...

  2. Middle class rages over rising super-rich class

    Posted Jul 11th 2007, 12:00am by Staff Reporter

    ... But there is a price for that.' The new social order is 'wealth over worth'. The problem is perhaps exacerbated by a tax regime that the International Monetary Fund recently called ... people a year. Rumours of resentment are rife within the city firms where international staff perform the same job, and get the same bonus, but get vastly different take-home money. Nowhere has ...

  3. Tax reform plans unsettle firms

    Posted Jun 01st 2007, 12:00am by Dennis Eng

    ... Dennis Eng Uncertainty about Beijing's corporate tax reform plans is forcing many companies doing business in the mainland to seriously consider restructuring their operations, financial services firm Deloitte Touche Tohmatsu said. Much of the concer ...

  4. Tax cuts could fall foul of US measure, HK told

    Posted Mar 31st 2007, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong risks a backlash from Washington and Brussels if it cuts profits tax further, says an expert from a free-market US think-tank. That could hurt efforts to attract foreign investment to the city, he warns. The threat comes from proposed ...

  5. Focus on foreign tax shortfall

    Posted Apr 28th 2006, 12:00am by Kate Watson

    ... partner. Such transactions often occur across international boundaries. But even when they don't, there can be serious regulatory and tax implications. As in many countries, China's ...

  6. Leung says easier offshore rules allay M&A concerns

    Posted Oct 03rd 2005, 12:00am by Staff Reporter

    ... Fiona Lau in Fuzhou The godfather of red chips, Francis Leung Pak-to, believes Beijing's proposal to relax restrictions on mainlanders setting up and investing in offshore vehicles should ease most of the concerns raised by the mergers and acquisitio ...

  7. Tax law on offshore gains reviewed

    Posted Mar 31st 2005, 12:00am by Enoch Yiu

    ... securities trading income was not taxable. Fund managers had complained the original proposals issued in January were too restrictive. The government, trying to promote Hong Kong as an international ...

  8. GST may boost offshore deals

    Posted Aug 02nd 2006, 12:00am by Yvonne Liu

    ... will be justified for large property transactions.' Knight Frank Petty executive director Alex Ng Siu-lam said: 'Some buyers prefer offshore transactions to avoid taxation and disclosure ...

  9. Hampered havens help Hong Kong

    Posted Jun 15th 2007, 12:00am by Shobha Nihalani

    ... member countries agreed to work together to improve tax administration and address the significant and growing problem of international non-compliance with national tax requirements- ... from unfair taxation. 'Hong Kong's taxation system is different from the members of the OECD countries, it is therefore easier for these countries to come to an agreement. ...

  10. Tax law change eyed to lure Islamic funds

    Posted Jan 16th 2008, 12:00am by Enoch Yiu

    ... Authority had applied to become an associate member of the Islamic Financial Services Board- an international organisation set up to develop standards for Islamic finance. In addition, he said, ... legislation to allow Islamic bonds to enjoy exemption from taxes automatically, rather than on a case-by-case basis. Mohd Daud Bakar, president and chief executive of the International Institute ...




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