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  1. Taxation reforms continue in effort to help farmers

    Posted Oct 23rd 2004, 12:00am by Staff Reporter

    ... the taxes directly,' said Xu Shanda, a vice-director of the State Administration of Taxation, on Thursday. The amount of tax being paid on real estate has increased rapidly in recent years. ...

  2. In Brief

    Posted Nov 08th 2004, 12:00am by Staff Reporter

    ... Taxing topic at forum The government should consider reducing other taxes if it decides to implement a sales tax, said Li Man-fai, president of the Taxation Institute of Hong Kong, at the weekly RTHK City Forum. ...

  3. Amnesty for tax evaders again likely

    Posted Sep 16th 2004, 12:00am by Raissa Robles

    ... Raissa Robles in Manila An initiative aimed at enticing the nation's wealthy tax evaders to at least pay last year's dues is well on its way to becoming law. The House Ways and Means Committee has approved a proposed tax amnesty law for plenary ...

  4. All the figures add up to a much lower deficit

    Posted Feb 24th 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan February in Hong Kong means that budget season is approaching. As Financial Secretary Henry Tang Ying-yen works on the final draft of his March 10 inaugural budget, market watchers have been working on their own guesstimates about the size of ...

  5. Tax break for rich Americans at work on mainland

    Posted Nov 21st 2004, 12:00am by Raymond Ma

    ... the laws may not realise it because of the sheer complexity of the US taxation law system. 'I am a pretty sophisticated tax professional and I know what the rules are supposed to say, ...

  6. Tax compliance vital part of two-way commercial policy

    Posted Mar 26th 2004, 12:00am by Peta Tomlinson

    ... Peta Tomlinson Taxation issues will underpin all cross-border business dealings, especially in light of more foreign investment opportunities created by World Trade Organisation accession ... to heavy penalties for offences committed,' Dr Chan says. He says any cross-border business strategy should make taxation matters a priority. These should include anti-avoidance provisions, ...

  7. Overcoming a taxing problem

    Posted Feb 02nd 2004, 12:00am by Staff Reporter

    ... encouraging tales. Personal income tax first. VAT is not progressive, and in an increasingly unequal society like China, progressive taxation- that is, higher tax rates for richer people- ...

  8. Who gets the wages of sin?

    Posted Sep 28th 2004, 12:00am by Laurence Brahm

    ... booming nightclub is located conveniently in a building which just happens to house offices of the local branch of the state taxation department. The taxi drivers enthusiastically recommend ... branch of the State Taxation Bureau. The building has 10 storeys. Only the third to fifth floors serve as offices for the taxation department. The sixth floor is a dance cabaret. The 10th floor ...

  9. HK's top taxpayer hands over $22 million

    Posted Apr 03rd 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan That figure means someone earned about $400,000 every day, including holidays Hong Kong's top earner gave the taxman $22 million last financial year, less than half the amount handed over by the highest-earning person in the previous year ...

  10. Tax relief prompts Chaoda expansion

    Posted Feb 25th 2004, 12:00am by Staff Reporter

    ... Winston Yau Vegetable grower Chaoda Modern Agriculture (Holdings) may spend 120 million yuan to build two additional processing plants on the mainland after the Communist Party called for measures to support the agricultural industry. The two plants would ...




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