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  • July 25, 2014
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  1. Tang's HK$20b tax giveaway

    Posted Mar 01st 2007, 12:00am by Dennis Eng, Jimmy Cheung, Klaudia Lee

    ... and avoided the issue of broadening the tax base. ... Jimmy Cheung, Robin Kwong, Klaudia Lee and Dennis Eng Up to HK$15,000 salaries tax rebate; waiver on rates; Duties on beer and wine are halved The finance chief yesterday disclosed ...

  2. Supplanting salaries tax with GST will not boost revenue stability

    Posted Jul 19th 2006, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp LET ME DO the plaudits first. The government's consultation paper on the proposed goods and services tax is a model of good structure and of concise, lucid writing. Unfortunately, there are a few flaws at the heart of its reasoning, in particular a critical assumption that was never examined but should have been. This new tax may not do much at all ...

  3. Forget the people, it's the billionaires Tang aims to please

    Posted Jul 21st 2006, 12:00am by Staff Reporter

    ... avoid taxation through high-dividend yields instead. The financial secretary should therefore consider taxing dividends and interest. As these forms of income are already subject to tax in other ... Forgive me if I'm mistaken, but did Financial Secretary Henry Tang Ying-yen say one of the reasons a goods and services tax must be introduced is 'to allow for a possible cut ...

  4. Tsang is breaking his tax cut pledge at the very worst time

    Posted Jan 04th 2012, 12:00am

    ... Tom Holland It looks as if Donald Tsang Yam-kuen is going to renege on his promise to cut corporate taxes just when a tax cut is most affordable and exactly when it could do Hong Kong the most good. It seems a long time ago now, but back in 2007 ahead of his re-election as chief executive, Tsang promised to cut the city's profit tax rate to 15 per cent. 'If ...

  5. Call for MPF tax breaks

    Posted Jan 10th 2012, 12:00am

    ... also found that more than half of the respondents were willing to make an additional monthly voluntary employee contribution if an income tax waiver was an option. Based on these and other findings, leading MPF experts have suggested that the government consider offering tax incentives to encourage individuals to make voluntary contributions to MPF. 'The findings of the survey ...

  6. Cut in China's import tax could boost retail

    Posted Sep 03rd 2011, 12:00am

    ... which were first imposed two decades ago. Now under pressure at home- and from exporters and governments abroad- Beijing looks set to cut these taxes. In June, Ministry of Commerce spokesman Yao ... Kong? 'Cutting the import tax on luxury goods may boost the overall retail market on the mainland,' says Angus Wai, general manager for human resources at Fairton International Group. ...

  7. The politics of procrastination

    Posted Dec 16th 2006, 12:00am by Tony Latter

    ... Tony Latter The announcement on December 5 by Financial Secretary Henry Tang Ying-yen, that he was shelving the idea of a goods and services tax, prompts three observations. First, at the personal level, Mr Tang deserves full marks for the gracious manner in which he conceded defeat. He simply accepted that the weight of public opinion was against the tax. I have seen no reports ...

  8. Row over Cheung Kong chief's tax blog escalates

    Posted Apr 30th 2011, 12:00am

    ... Fanny W. Y. Fung A powerful developers' group and the government are at loggerheads over Cheung Kong Real Estate director William Kwok Tze-wai's comment that a measure to curb property speculation would not dampen buyer sentiment. The Real Estat ...

  9. Chan faces HK$700m in legal and tax bills

    Posted Apr 07th 2011, 12:00am

    ... Phyllis Tsang, Austin Chiu Tony Chan Chun-chuen is facing legal bills and profits tax together amounting to as much as HK$700 million. After a decade of living like a tycoon, the fung shui ... ordered Chan to pay up to 90 per cent of the foundation's costs. Meanwhile, Chan owes the Inland Revenue Department profits tax of HK$350 million for last year. He has filed a writ seeking ...

  10. Tang's dodgy logic undermines real debate on a GST

    Posted Aug 29th 2006, 12:00am by Staff Reporter

    ... The faulty arguments presented by Henry Tang Ying-yen on the need for a goods and services tax ('Let's get on with the real GST debate', August 25) leads me to believe he ... the handover. JACK YU, Tseung Kwan O Hardly taxing Liberal leader James Tien Pei-chun and Financial Secretary Henry Tang Ying-yen are engaged in a splendid public debate over a goods and services tax ...




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