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  • September 23, 2014
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  1. Shanghai tipped for pilot pension taxation project

    Posted Jun 29th 2012, 12:00am

    ... Jane Cai in Beijing xuejun.cai@scmp.com Beijing is likely to launch deferred taxation for pension insurance and corporate annuities this year and will probably pick Shanghai for a pilot project in a bid to boost the pension pool in the fast-ageing country. The tax stimulus, which the government has been discussing since 2009, is expected to be launched by the end of this year, ...

  2. Smoking out the real victim of heavy tobacco taxation

    Posted Feb 06th 2008, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'I strongly support a substantial rise in tobacco tax in the forthcoming budget... 'Price measures have been shown around the world to be the single most effective measure in reducing tobacco use, especially among the youn ...

  3. Business - Money - TAXES

    Beijing advisers propose tax on large stock sales to narrow the wealth gap

    Posted Sep 13th 2012, 12:00am by BLOOM

    ... Bloomberg in Beijing Beijing advisers propose levy on large stock sales The top advisory body to the country's legislature has recommended taxing gains from "large" sales of equities held for short periods to help narrow the nation's w ...

  4. Transport subsidy may be left in limbo

    Posted Feb 15th 2011, 12:00am by Tanna Chong

    ... Tanna Chong There is something strange going on when the government cannot even give money away- especially when it is meant to help those in need. But that is what is happening to the much-vaunted HK$4.3 billion transport subsidy scheme, which is facing ...

  5. Events

    Posted Feb 27th 2010, 12:00am by Staff Reporter

    ... Monday, March 1: American Chamber of Commerce lunch: 'New in China cross-border taxation: Circulars 601 and 698'. Bank of America Tower, Central. Tuesday, March 2: International SOS and Cigna International Expatriate Benefits seminar: 'Duty of care expert forum on managing the risks of a global workforce'. American Club. ...

  6. In Brief

    Posted Feb 04th 2009, 12:00am by Staff Reporter

    ... Tax institute offers budget advice The financial secretary should neither offer tax rebates and shopping vouchers, nor cut salaries and profits taxes in his coming budget, the Taxation Institute of Hong Kong has suggested. The institute said more effective steps to spur the economy would be to spend on projects that would create jobs and provide tax incentives to attract foreign ...

  7. What it all means for you

    Posted Feb 25th 2010, 12:00am by Staff Reporter

    ... The projected HK$25.2 billion deficit works out at HK$3,856.50 for each person in Hong Kong. But don't be too worried- it could turn out to be a surplus, given the government's track record for projecting its budget. The stamp duty increase- fro ...

  8. The next opening up

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

    ... The mainland needs to boost private consumption, but getting people to part with their cash will be difficult, writes Xu Sitao To boost the slumping economy, Beijing has taken a number of steps in recent weeks. For example, to encourage people to spend mo ...

  9. Resource tax revamp due

    Posted May 05th 2008, 12:00am by Eric Ng

    ... Eric Ng The central government will likely launch a long-awaited resource tax reform in this year's second half, including a broadening of the tax base, according to a mainland newspaper. While the revamp will probably include the much-touted change ...

  10. Discriminate between the facts and spurious claims

    Posted Mar 30th 2011, 12:00am by Albert Chen, Albert Cheng

    ... Albert Cheng This year's budget has had its fair share of controversy. First, the proposal to inject HK$6,000 into all MPF accounts was shot down. Then came the idea of a HK$6,000 cash handout and tax rebate to all permanent adult residents. Now, the ...




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