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  • November 25, 2014
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  1. Many would prefer to see higher rates of taxation to a GST, survey finds

    Posted Oct 18th 2006, 12:00am by Staff Reporter

    ... Denise Hung Half of the opponents of the controversial goods and services tax (GST) would accept an increase in the top salaries tax rate as an alternative measure to broaden the tax base, a survey has found. Some of the opponents are also receptive to ot ...

  2. Jockey Club chairman sees risk of double taxation under GST

    Posted Sep 20th 2006, 12:00am by Staff Reporter

    ... Denise Hung Hong Kong Jockey Club chairman John Chan Cho-chak yesterday maintained the club's stance on the proposed goods and services tax, saying that if it was subjected to the levy then betting duty would have to be reduced. He also suggested a d ...

  3. CAT accounting quiz

    Posted Nov 25th 2006, 12:00am by Staff Reporter

    ... Taxation Tax avoidance is a legal activity while tax evasion is an illegal activity. A True B False Which one of the following is consistent with a government's policy objective to expand the level of economic activity? A An increase in taxation B An increase in interest rate C An increase in personal savings D An increase in public expenditure Describe why you like ...

  4. The timing is right, says tax chief

    Posted Jul 17th 2006, 12:00am by Gary Cheung

    ... a taxation expert said yesterday. Richard Chow Yeung-tuen, president of the Taxation Institute of Hong Kong, told the City Forum organised by RTHK that there was a need to rectify overreliance ... generated by a GST would create room for cuts to direct taxes. Legislator Mandy Tam Heung-man, representing the accountancy constituency, said many countries were striving to simplify their taxation ...

  5. Corrections & clarifications

    Posted Jul 21st 2006, 12:00am by Staff Reporter

    ... In the commentary headlined 'It's more equitable for the more affluent to contribute' on page A3 on Wednesday, the title of one of the writers, Richard Chow, should have been president of the Taxation Institute of Hong Kong, while that of the co-author, Kenneth Leung, should have been chairman of the institute's Taxation Review Committee. In the report ...

  6. GST is difficult to enforce and costly to administer

    Posted Aug 09th 2006, 12:00am by Staff Reporter

    ... to the proposed GST. The malaise in the Swedish economy is in no small part due to the taxation policy which rewards indolence and encourages illegality. Thus, our financial secretary should not be too ...

  7. Use taxes to fight alcohol abuse, says WHO official

    Posted Sep 22nd 2006, 12:00am by Mary Ann, Mary Ann Benitez

    ... Mary Ann Benitez City urged to make duties part of its control policy Hong Kong should use taxation on alcoholic drinks as part of an alcohol-control policy, says a World Health ... 'In terms of taxation there are different approaches. What is important is that taxation is being used as an instrument of alcohol policy,' he said. He agreed with governments' ...

  8. Residential property and finance escape the net

    Posted Jul 19th 2006, 12:00am by Staff Reporter

    ... Staff Reporters Residential property transactions and many financial products and services would not be subject to the goods and services tax to preserve Hong Kong's competitiveness. A government source said applying GST to residential property could ...

  9. On the right track

    Posted Jul 05th 2006, 12:00am by Rick Boychuk

    ... Rick Boychuk, Ottawa They set out from Vancouver on Friday morning last week, on a train they dubbed the Redress Express. Aboard were a handful of the 20 surviving Chinese-Canadians who had been singled out and forced to pay a head tax to enter Canada. Th ...

  10. HK$26.9b budget surplus anticipated

    Posted Dec 13th 2006, 12:00am by Dennis Eng

    ... The firm said the surplus could climb as high as HK$30 billion, depending on circumstances in the final few months of the financial year. Richard Chow Yeung-tuen, president of the Taxation ...




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