• Sunday
  • July 13, 2014
  • Last updated: 9:16pm
Hong Kong




Refine Your Search

Sort by

Related Keywords

Search Results

Results 1 - 10 of 87 for tax haven

Related topics matching your search

Search results

  1. Business - Comment - MONITOR

    The US$50b a year reason China's elite love tax havens

    Posted Jan 23rd 2014, 01:13am by Tom Holland

    ... reason China's elite love tax havens Yesterday an outfit called the International Consortium of Investigative Journalists published a story in several newspapers around the world alleging that close relatives of many of China's senior leaders own companies registered in offshore tax havens including the British Virgin Islands. In terms of revelatory shock, this story has as much ...

  2. Business - Comment - MONITOR

    Early signs suggest new stamp duties haven't reined in prices

    Posted Jan 10th 2013, 12:00am by Tom Holland

    ... haven't reined in prices At the end of October, the Hong Kong government slapped a punitive 15 per cent stamp duty on all non-resident and corporate buyers of residential properties in an attempt ... time as tax rates on quick sales were jacked up, is having an appreciable effect. We can see that simply by looking at transaction volumes in the residential market. In November, immediately ...

  3. Business - Comment - MONITOR

    For a fairer tax system, how about scrapping the profit tax?

    Posted Aug 27th 2013, 12:00am by Tom Holland

    ... Hong Kong charges the lowest corporate taxes in East Asia, and few economies outside the oil-rich states of the Gulf, former Soviet clients or a handful of tax havens impose a lower burden ... Tom Holland Hong Kong property baron may have a point in calling for switch to a dividend tax that would place burden on shareholders For a fairer tax system, how about scrapping ...

  4. Business - Comment - MONITOR

    It's risk-off again as troika plays with fire in Cyprus

    Posted Mar 19th 2013, 12:00am by Tom Holland

    ... Tom Holland Making bank depositors pay in a debt crisis is nothing new, but the overt tax on Cypriots' savings has plunged the euro zone back into uncertainty It's risk-off again ... to take a haircut as part of the bail out. Under the deal announced over the weekend, deposits of more than €100,000 (HK$1.01 million) will be hit with a one-off tax of 9.9 per cent, while ...

  5. Business - Comment - MONITOR

    After nine years, it's time to leave the stage

    Posted Mar 06th 2014, 12:25am by Tom Holland

    ... Kong's public finances. The city's fiscal position was unsustainable, they warned, arguing the only way to balance the books would be to impose a goods and services tax. Public opinion rightly rejected such an unnecessary and regressive tax proposal. And today, with the government sitting on accumulated surpluses worth nearly four years of government spending, Hong Kong's ...

  6. Business - Comment - MONITOR

    Hong Kong's stamp duties are woefully inefficient ways to tax

    Posted Oct 22nd 2013, 03:27am by Tom Holland

    ... Tom Holland The argument that revenue raised from taxing share transactions is a pay cheque for Hongkongers for keeping the rule of law is short-sighted HK's stamp duty is a woefully ... on share trading. Jake disagreed. He accepted my points that the government's 0.2 per cent per round trip tax on trading reduces liquidity, eats into savings and bumps up the cost of capital. ...

  7. Business - Comment - MONITOR

    Tsang's vision of Hong Kong's future is severely out of focus

    Posted Feb 27th 2014, 01:23am by Tom Holland

    ... are not quite sure what that means, the financial secretary made his position clear. "I am all for it," he declared. "I shall not rule out any means to increase tax revenue." They are being built solely because officials have set aside money to spend on infrastructure So there you have it. An ageing population means public spending must rise, so taxes will have to go up ...

  8. Business - Comment - MONITOR

    It's not heresy to expect grand projects to pay for themselves

    Posted Feb 28th 2014, 01:01am by Tom Holland

    ... declared, is for the government to "broaden the revenue base", which is a euphemism for raising more tax. In response, Monitor argued that the prospect of a deficit is the result ... a painfully steep hidden tax in the form of sky-high property costs. For example, in line with the government's much-vaunted "user pays principle", we could charge visitors to the city ...

  9. Business - Comment - MONITOR

    We don't need a Future Fund. The future is already upon us

    Posted Mar 05th 2014, 01:34am by Tom Holland

    ... of GDP is admirable. There is plenty of evidence from Europe that when government expenditure rises much above this level, the higher taxes or increased debts needed to fund public spending ...

  10. Business - Comment - MONITOR

    It pays China to block global deals on climate and trade

    Posted Dec 17th 2013, 03:19am by Tom Holland

    ... to Bali for the ninth ministerial meeting of the World Trade Organisation. But all those days and nights spent in talks haven't been terribly productive. In Warsaw, government environment ... carbon duties on imports from countries like China that have not undertaken to make emissions reductions of their own. However, such selective "border tax adjustments" would break WTO ...




SCMP.com Account