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  1. Experts call for bigger tax breaks for funds

    Posted Sep 05th 2005, 12:00am by Enoch Yiu

    ... Enoch Yiu They say proposed law does not go far enough to attract offshore funds to HK Tax experts are urging the government to widen the scope of the proposed tax exemption law governing offshore funds in a bid to encourage more fund management companies to operate in Hong Kong. PricewaterhouseCoopers Asia Pacific tax leader Florence Yip Kwai-fong said the proposed law change ...

  2. Children of criminals are granted safe haven

    Posted Jun 20th 2005, 12:00am by Staff Reporter

    ... tax on donations. Retired Hong Kong entrepreneur Mei Greer visited the village in Beijing last week and plans to raise money in the special administrative region for the network. But she says ...

  3. Allies press government to cut taxes in budget

    Posted Nov 11th 2005, 12:00am by Jimmy Cheung

    ... Jimmy Cheung Pressure for a tax cut is growing, with the two biggest voting blocs in the Legislative Council joining forces to call for a reduction in salaries tax to the levels of three years ago. In separate budget submissions yesterday, the Liberal Party and the Democratic Alliance for the Betterment and Progress of Hong Kong said the tax should be restored to the level ...

  4. Tax complaint

    Posted May 11th 2005, 12:00am by Claude Adams

    ... havens. 'The sheer contempt with which tax dollars have been treated makes it easy to understand why [citizens do not want to contribute],' said Mr Williamson. In other words, ... Claude Adams, Vancouver There are two Canadas: one, the open Canada, where people work, grumble about government waste, and pay their taxes. And two, the hidden Canada, where people work, ...

  5. Abolition of estate tax will provide more jobs in HK

    Posted Mar 21st 2005, 12:00am by Staff Reporter

    ... I simply cannot understand why Financial Secretary Henry Tang Ying-yen should come under fire for his abolition of estate duty ('Why cut estate tax and not help poor, legislators demand', March 18). Benefits of the action: Estate duty is an optional tax anyway as, with appropriate advice, it can be circumvented; Billions of dollars held offshore supporting jobs ...

  6. Foreign funds face claims of $1.5b

    Posted Sep 30th 2005, 12:00am by Andrew Salmon

    ... Carlyle made 700 billion won from a stake sale of KorAm Bank. By registering in offshore tax havens, the foreign funds paid no Korean taxes on their gains. Korea is in the process of revising its ... Andrew Salmon in Seoul South Korea's tax authorities have ordered five unnamed foreign funds to pay tax shortfalls of 215 billion won ($1.55 billion). The National Tax Service said ...

  7. Hong Kong seeks double taxation treaties with key trading partners

    Posted Oct 25th 2005, 12:00am by Chris Davis

    ... was taxable. The proliferation of tax havens and globalisation are seen as key drivers in generating more agreements. The government has said it is keen to establish a network of comprehensive agreements to avoid double taxation. Anthony Tam, Deloitte Touche Tohmatsu deputy managing partner, tax, said Hong Kong's double taxation network was targeted to include countries where real ...

  8. Morocco hippie haven now attracts the rich

    Posted Dec 07th 2005, 12:00am by Richard Warren

    ... Richard Warren in London Marrakech, once a haven for hippies, is now 'fast becoming an alternative second home destination for high net worth individuals looking for both a lifestyle and a good investment', according to property consultancy Knight Frank. In place of the camper van is The Four Seasons Private Residences Marrakech, one of many plush pads appearing for wealthy ...

  9. Gold price closes on US$500 as safe haven status grows

    Posted Nov 29th 2005, 12:00am by Staff Reporter

    ... Cameron Dueck Strong Japanese buying helps push ore to near 18-year highs The price of gold was just below US$500 an ounce yesterday, with Japanese buyers helping to push the precious metal to 18-year highs. Gold prices have been rising steadily since early last month as worries about inflation and political stability make it attractive as a safe haven for investors. Japanese ...

  10. Handicappers haven't a clue

    Posted Dec 14th 2005, 12:00am by Alan Aitken

    ... Alan Aitken The world's handicappers are meeting in Hong Kong to confirm, raise or lower the international classifications of the world's top horses. In the past year, they have sought to make their work more global, more current and more availa ...




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