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  1. News - Hong Kong - POLITICS

    Unpaid property taxes piling up in law firms a risk as Legco delays stamp duty bill, John Tsang claims

    Posted Jul 07th 2014, 05:43am by Patsy Moy, Emily Tsang

    ... risk having to keep an increasing amount in property taxes paid by clients because of a delay in passing legislation to enact a doubling of stamp duty, the financial chief claims. The extra ... it was "undesirable" for law firms to keep a large amount of unpaid tax as there was a risk "some black sheep" could misappropriate it. Junius Ho Kwan-yiu, who runs a law firm, said the biggest ...

    http://www.scmp.com/news/hong-kong/article/1548273/unpaid-property-taxes-piling-law-firms-risk-legco-delays-stamp-duty
  2. News - Hong Kong - POLITICS

    Democratic groups propose arrival tax of up to HK$100 to curb mainland visitors

    Posted Feb 11th 2014, 04:33am by JEFFIE LAM

    ... "I haven't heard of any places in the world that charge an arrival tax," he said, adding that the government should figure out ways to cope with the flood of tourists instead ... Jeffie Lam jeffie.lam@scmp.com Suggestion by democratic groups to charge visitors up to HK$100 is rejected by the tourism trade and labelled ‘brutal’ by one lawmaker ‘Tax them at border ...

    http://www.scmp.com/news/hong-kong/article/1425649/democratic-groups-propose-arrival-tax-hk100-stop-mainland-visitors
  3. News - Hong Kong - POLITICS

    Legco filibuster on stamp duty puts more than HK$4b at stake, lawyers warn

    Posted Jul 14th 2014, 05:57am by Austin Chiu, Sandy Li

    ... transactions have been put at risk by a delay in passing a law that enacts a doubling of stamp duties, lawyers warn. Conveyancing lawyers are holding the extra taxes they have collected from property ... worrying since the tax started to be collected in February 2013," she said. "We don't know the exact amount being held by law firms, but it will not be a small figure. What ...

    http://www.scmp.com/news/hong-kong/article/1553517/legco-filibuster-stamp-duty-puts-more-hk4b-stake
  4. News - Hong Kong - POLITICS

    Law to affirm double stamp duty passed, 17 months after levy came in

    Posted Jul 16th 2014, 04:15am by PHILE SIU, Ada Lee

    ... Phila Siu and Ada Lee The extra tax, which has been levied on almost all property purchases since early last year, voted into law before Legco’s summer break Doubling of stamp duty at last ... months to see if any adjustments were needed. Lawmakers voted down an amendment that sought to allow corporate buyers a refund of the extra tax on properties they used for their own business, ...

    http://www.scmp.com/news/hong-kong/article/1555049/law-affirm-double-stamp-duty-passed-17-months-after-levy-came
  5. News - Hong Kong - POLITICS

    Stamp duty relief for corporate property buyers set to be voted down

    Posted Jul 15th 2014, 04:29am by JEFFIE LAM

    ... of 13 say they will back the change. One lawmaker has not indicated his preference. Another amendment seeking to exempt all buyers of commercial premises from paying the doubled tax- introduced ...

    http://www.scmp.com/news/hong-kong/article/1554350/stamp-duty-relief-corporate-property-buyers-set-be-voted-down
  6. News - China - POLITICS

    It's official: Macau chief executive Fernando Chui will seek re-election

    Posted Jul 15th 2014, 02:59am by Stuart Lau

    ... GDP thanks to soaring revenues from taxes on casinos. But discontent among the population of some 560,000 has also surged, culminating in May when thousands rallied in a public demonstration ...

    http://www.scmp.com/news/china/article/1554349/its-official-macau-chief-executive-fernando-chui-will-seek-re-election
  7. News - Hong Kong - POLITICS

    Backlash against Beijing's white paper 'wholly reasonable', says Chris Patten

    Posted Jul 05th 2014, 03:14am by Ada Lee

    ... is surprising that professional bodies … appear to have taken the line that they have publicly," he said. "I can only assume that they haven't had the agreement of their global ...

    http://www.scmp.com/news/hong-kong/article/1547089/backlash-against-beijings-white-paper-wholly-reasonable-says-chris
  8. News - Hong Kong - POLITICS

    Fred Ma calls for widening of tax base

    Posted May 27th 2014, 04:22am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com Fred Ma calls for widening of tax base Hong Kong should consider introducing indirect taxes and importing more workers to cope with the strain caused by an ageing population, the former commerce minister says. It was an "indisputable fact" that economic growth would slow as an elderly population caused government expenses to rise but tax ...

    http://www.scmp.com/news/hong-kong/article/1519748/fred-ma-calls-widening-tax-base
  9. News - China Insider - POLITICS

    No more Chanel or Emilio Pucci for princeling Li Xiaolin at congress meeting, but critics unimpressed

    Posted Mar 05th 2014, 01:57pm by Amy Li

    ... own good to stay low-key now," one wrote. Li's name appeared in a January report on tax havens written by investigative journalists that revealed the secret offshore holdings ... Holdings and Tianwo Development, both set up in the British Virgin Islands, a well-known tax haven, in 2005. The flow of capital into the tax haven is said to have had an impact on the Chinese ...

    http://www.scmp.com/news/china-insider/article/1440805/ex-premiers-daughters-low-profile-debut-cppcc-surprises-critics
  10. News - Hong Kong - POLITICS

    Full text: CY Leung’s 2014 Annual Report

    Posted Jun 24th 2014, 09:49pm

    ... Ordinance in March 2014 to reduce by half the profits tax rate for a captive insurer’s insurance business of offshore risks. • Introduced the Insurance Companies (Amendment) Bill 2014 in April 2014 ...

    http://www.scmp.com/news/hong-kong/article/1539724/full-text-cy-leungs-2014-annual-report

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