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  • July 27, 2014
  • Last updated: 12:46am
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Results 1 - 10 of 14 for tax

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  1. Business - Economy - MR. SHANGKONG

    Forget 'Likonomics', it's all about economic stimulus in China again

    Posted Apr 07th 2014, 04:38am by George Chen

    ... is still called "stimulus". Last week, the State Council decided at a meeting chaired by Li to halve the income tax for more small enterprises, from the 1.2 million firms currently ...

  2. Comment - Blogs - MR. SHANGKONG

    New Hong Kong property tax, a sign of increasing protectionism

    Posted Oct 29th 2012, 04:36pm by George Chen

    ... property tax ”. Some industry watchers claim property curbs will build a “politically correct” Hong Kong under the leadership of its new pro-Beijing chief executive Leung Chun-ying. In the fight ... that the government is considering the introduction of other new property taxes, including capital gains tax. Capital gains tax? How will Hong Kong appear to the global financial community if that happens? ...

  3. Business - Comment - MR. SHANGKONG

    New property tax a blow to the Hong Kong dream

    Posted Nov 05th 2012, 12:00am by George Chen

    ... George Chen george.chen@scmp.com Government move to impose extra housing stamp duty on non-permanent residents penalises many taxpayers hoping to find a place to call home New property tax leaves many missing the Hong Kong dream We all know about the American dream. But let me tell you about a Hong Kong dream. I have a friend. Let's just call him J. Two years ago, J, who ...

  4. Comment - Insight & Opinion - MR. SHANGKONG

    How to beat the new property tax?

    Posted Oct 31st 2012, 01:19pm by George Chen

    ... as a rare “ anti-foreigner tax ” in Hong Kong by some international media – many non-local home buyers are working with property agents and lawyers to find out how to legally avoid the new tax ... shell” companies, which some property investors may want to use to legally avoid tax. Option two:  Appoint a PR to be a non-PR’s representative The new buyer’s stamp duty is for non-permanent ...

  5. Business - Banking & Finance - MR. SHANGKONG

    Shanghai faces taxing issue in tale of two cities

    Posted Oct 08th 2012, 12:00am by George Chen

    ... a rather taxing issue in the tale of two cities When discussing the growing rivalry between the financial centres of Shanghai and Hong Kong, some say the competition is more about personnel than ... is the personal income tax rate. In Hong Kong, most people pay no more than 15 per cent, while in Shanghai the tab can reach 45 per cent. When I mentioned to officials in the Shanghai government what ...

  6. Business - Banking & Finance - MR. SHANGKONG

    Shanghai 'revolution' may be uphill battle for Premier Li

    Posted Mar 17th 2014, 02:27am by George Chen

    ... the free-trade zone really achieved? Anything significantly new on the foreign exchange reform or tax waiver front? Officials will probably tell you more or less the same thing: "We're still ...

  7. Business - Comment - MR. SHANGKONG

    Hong Kong's top ranking for economic freedom feels a good laugh

    Posted Jan 20th 2014, 12:15am by George Chen

    ... George Chen george.chen@scmp.com Doubts are growing over the city's competitive edge as a business hub in the wake of HKTV's licence saga and the debate over new property taxes ... rather than the public or market demand. In the property business, the interests of developers, buyers and sellers have been significantly affected by the government's new tax policies. ...

  8. Business - Banking & Finance - MR. SHANGKONG

    Pay trends point to greener pastures across the border

    Posted Nov 04th 2013, 05:49am by George Chen

    ... headquarters in the city. The foreign bank offered the position at a salary of about 50,000 yuan after tax per month. At just over at HK$63,000, the pay is higher than for a similar job at some banks ...

  9. Business - Banking & Finance - MR. SHANGKONG

    US banker proud to become Chinese national

    Posted Apr 17th 2013, 10:37am by George Chen

    ... colleagues at CICC sent him congratulations on becoming a Chinese national. Others said Nicholson’s move may be for tax reasons as Hong Kong is well known for its low individual income tax around 15 ...

  10. Business - Comment - MR. SHANGKONG

    Shopping is good but ensure it does not become paradise lost

    Posted Dec 03rd 2012, 12:00am by George Chen

    ... discounts. Maybe it was Taiwan's 5 per cent tax rebate for travellers. But in the final accounting he bought a pair similar to the ones he saw in Hong Kong for about HK$500 less than what he ...




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