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  1. Beijing, Taipei shelve deal on double taxation

    Posted Dec 22nd 2009, 12:00am by Lawrence Chung

    ... Lawrence Chung in Taichung Taiwan and the mainland failed at the last minute to reach a taxation agreement yesterday, although they are still expected to sign three pacts today to enhance ... agricultural, fishery and taxation co-operation. Differences over how to deliver the proposed agreement on avoiding double taxation kept the two sides from reaching the pact, the negotiators announced ...

  2. HK$2b more in relief for taxpayers

    Posted May 27th 2009, 12:00am by Ambrose Leung, Gary Cheung

    ... Ambrose Leung and Gary Cheung About 835,000 taxpayers will not have to pay any salaries tax next year under a relief package announced by Financial Secretary John Tsang Chun-wah, but those who do will get a rebate of up to HK$8,000. The package, which bol ...

  3. Securing permanent residence

    Posted Mar 18th 2009, 12:00am by Staff Reporter

    ... Overseas buyers of Mauritian homes, sold for US$500,000 or more, will gain permanent residency on the island. Investors can only buy these properties at Integrated Resort Schemes (IRS) which are holiday home communities dotted round the island's coas ...

  4. EU explores exchange of tax information

    Posted May 27th 2009, 12:00am by Dennis Eng

    ... This would allow Hong Kong to incorporate the Organisation for Economic Co-operation and Development (OECD) standard on exchanges of information in its double-taxation treaties. Hong Kong ... to share information because the data is held by banks or because a particular type of income is not taxed. The city has already signed double-taxation treaties with the mainland, Thailand, ...

  5. Group's representatives face Beijing tax officials in first meeting since raid and shutdown

    Posted Jul 25th 2009, 12:00am by Staff Reporter

    ... Vivian Wu Representatives of a civil rights group, Gongmeng, met Beijing taxation authorities yesterday for the first time since their office was raided and shut down last week. Xu Zhiyong, Gongmeng's legal representative and founder, previously had received a notice from the Beijing Local Taxation Bureau and the Beijing branch of the State Administration of Taxation ...

  6. Banks hit in US war on tax dodgers

    Posted Dec 12th 2009, 12:00am by Nick Westra

    ... A law now going through the US Congress would extend a crackdown on Americans evading tax overseas - by imposing financial penalties on banks which do not reveal their accounts to the taxman. Hong Kong lawyers were yesterday considering its implications. ...

  7. In Brief

    Posted Dec 12th 2009, 12:00am by Staff Reporter

    ... FTU, Liberal Party outline budget proposals to finance chief Financial Secretary John Tsang Chun-wah was urged yesterday to act in his February budget to help underprivileged groups and struggling businesses. The Federation of Trade Unions proposed a pack ...

  8. Tax refugees help to fuel offshore property boom

    Posted Sep 27th 2009, 12:00am by Staff Reporter

    ... cent- almost the same amount they have fallen in neighbouring Provence. Monaco's system of charging no personal taxation seems to ensure the market remains buoyant and prices stable, so ...

  9. Crisis plan could leave farmers in debt: study

    Posted Jan 29th 2009, 12:00am by Staff Reporter

    ... Al Guo Rural consumption 'may be counterproductive' Beijing's plans to spur consumption in the nation's vast rural areas might be counterproductive, according to researchers who claim that non-essential spending could come back to haun ...

  10. New powers proposed for tax inspectors

    Posted Apr 28th 2009, 12:00am by Paggie Leung

    ... for the Legislative Council- would enable the city to adopt the latest international standards for exchange of information on the comprehensive avoidance of double taxation agreements, also known as CDTAs. ... laws. Peter Kung, president of the Taxation Institute of Hong Kong, believed the proposal would benefit Hong Kong in the long run. 'If Hong Kong fails to follow the international standard, ...




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