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  1. Business - Comment - JAKE'S VIEW

    Rich are easy target but tax offensive won't help the poor

    Posted May 01st 2014, 01:18am by Jake Van Der Kamp

    ... Jake van der Kamp As the wealthy can flee, real efforts to lift those at bottom should start with smart government Rich are easy target but tax offensive won't help the poor [Thomas] ... desert, gone before it hits the sand. The fact is that taxing the rich works out in practice to mean underinvesting It is French working-class people who really carry the burden. They cannot find ...

    http://www.scmp.com/business/article/1501208/rich-are-easy-target-tax-offensive-wont-help-poor
  2. Business - Comment - JAKE'S VIEW

    Reit tax machinations just much ado about nothing

    Posted Feb 02nd 2014, 03:06am by Jake Van Der Kamp

    ... Jake van der Kamp Reit tax machinations just much ado about nothing "Some tax incentives and relaxations on development should help the Hong Kong reit sector to capture the next wave ... Post, January 30 Note those two words "tax incentives". They are critical to the debate about whether local real estate investment trusts should be forgiven taxes that others must pay. ...

    http://www.scmp.com/business/article/1418676/reit-tax-machinations-just-much-ado-about-nothing
  3. Business - Banking & Finance - JAKE'S VIEW

    Losers' Clubs spend good money on bad ideas

    Posted Jul 10th 2014, 04:55am by Jake Van Der Kamp

    ... for the public even if the public chooses not to buy them at their full cost and must be made to pay out of taxes instead of by choice. Who decides what is so very good? How do they know? What gives them ...

    http://www.scmp.com/business/banking-finance/article/1550671/losers-clubs-spend-good-money-bad-ideas
  4. Business - Banking & Finance - JAKE'S VIEW

    FSDC adviser Bill Strong has weak argument for stopping reit profit tax

    Posted Dec 03rd 2013, 05:45am by Jake Van Der Kamp

    ... for ending reit tax "You can't lose something you don't have," [Financial Services Development Council adviser Bill] Strong said. "If Hong Kong does not change the tax rules, ... we would do with your proposals for abolishing profits tax on real estate investment trusts. Let's get reits straight first. A reit is a tax dodge for property investment. ...

    http://www.scmp.com/business/banking-finance/article/1371324/fsdc-adviser-bill-strong-has-weak-argument-stopping-reit
  5. Business - Companies - JAKE'S VIEW

    Corporate rescue bill not worth saving

    Posted Jun 05th 2014, 05:34am by Jake Van Der Kamp

    ... corporate rescue bill is likely to sink again before it gets to Legco. The reason is the rule in corporate bankruptcies that taxes and wages must be paid first out of what is left after dissolution, and shareholders' equity paid out last. I am not overly bothered about when tax is paid. Government never struggles to pay the rent. But people do and there is a strong undercurrent of suspicion ...

    http://www.scmp.com/business/companies/article/1525558/corporate-rescue-bill-not-worth-saving
  6. Business - Economy - JAKE'S VIEW

    Action plan on tax an impossible task

    Posted Jul 23rd 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp Jake.vanderkamp@scmp.com For the proposed scheme to clamp down on tax evasion to be effective, it will require tracking down the domiciles of ultimate beneficiaries Action plan on tax an impossible task The Group of 20 has fully endorsed an action plan to clamp down on tax avoidance which its creators say could lead to the biggest change in the global tax ...

    http://www.scmp.com/business/economy/article/1288737/action-plan-tax-impossible-task
  7. Business - Comment - JAKE'S VIEW

    Pension funding figures don't add up

    Posted May 29th 2014, 12:44am by Jake Van Der Kamp

    ... million people alone, however, and you get an annual cost for this assumed pension of HK$48 billion. It might just be possible to do it without adding to the tax burden. Our government has about ...

    http://www.scmp.com/business/article/1520668/pension-funding-figures-dont-add
  8. Comment - Insight & Opinion - JAKE'S VIEW

    EU fails to adapt to borderless world

    Posted May 26th 2013, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp EU's tears over lawful tax avoidance cloud real issue The European Union's loss of revenue from tax fraud and evasion was €1 trillion, said the president ... but they still made it within the EU, where EU agencies rule. If hard evidence of fraud or tax evasion exists, then the EU cops should be able to nab them in the EU or seize the EU-domiciled assets from ...

    http://www.scmp.com/comment/insight-opinion/article/1246076/eu-fails-adapt-borderless-world
  9. Comment - Insight & Opinion - JAKE'S VIEW

    Exports a handy fudge when playing the Hong Kong GDP numbers game

    Posted May 18th 2014, 03:35am by Jake Van Der Kamp

    ... to the paperwork, where a profit margin is magically added. The China taxman cannot tax this and ours will not. The goods then proceed on their way tax free. Let's put this into perspective. We ...

    http://www.scmp.com/comment/insight-opinion/article/1514363/exports-handy-fudge-when-playing-hong-kong-gdp-numbers-game
  10. Business - Comment - JAKE'S VIEW

    Let's cut plot sizes to a minimum

    Posted Oct 04th 2012, 12:00am by Jake Van Der Kamp

    ... sizes further. The solution, and I have mentioned this one on several occasions recently, is for the government to derive its land revenues in part from a continuing land use tax rather than only from auctions and lease conversions. What we will do is establish a new annual property tax assessed on the basis of what each taxable piece of land would be worth if developed ...

    http://www.scmp.com/business/article/1053310/lets-cut-plot-sizes-minimum

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