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  • November 1, 2014
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  1. News - China Insider - household registration

    China relaxes household registration in bid to urbanise 100 million rural migrants

    Posted Jul 30th 2014, 05:29pm by Chris Luo

    ... between rural and urban residents,” Lu said in an interview with South China Morning Post.  He Daixin, a financial researcher at the National Academy of Economic Strategy, said further taxation ... requires proper financial support from local governments. “Local governments are facing mounting financial pressure to provide social welfare to the surging [numbers of migrants]. Taxation reform ...

  2. Business - Companies

    The Irish loophole behind Apple’s low tax bill

    Posted May 22nd 2013, 10:30am by Reuters

    ... other countries’ tax legislation. Apple’s exact arrangements in Ireland have changed over the years. Up until 2004 or later, the three Apple companies were assessed for taxation in Ireland, ...

  3. News - Hong Kong - WELFARE

    Sales tax mooted to fund pension for all

    Posted Aug 25th 2014, 05:31am by TIMMY SUNG

    ... to broaden the tax base and reduce dependence on fluctuating revenue from land sales. Paul Ho Yiu-po, deputy chairman of the taxation committee at accounting body CPA Australia, agreed ... the pension pool; the government could also used the extra revenue on other services". Luxury goods could be taxed first, to get the public used to indirect taxation, Ho added. According ...

  4. Business - Money - BONDS

    City sukuk opens door to more Islamic finance in Hong Kong

    Posted Sep 15th 2014, 04:40am by Enoch Yiu

    ... issue until the government offering last week, largely due to the tax issue. Taxation had been the obstacle in Hong Kong because the special structure of sukuk, which must conform to sharia law, ...

  5. Business - Banking & Finance - REGULATION

    Anti-money laundering crackdown to shift onus to China banks

    Posted Sep 15th 2014, 04:40am by DON WEINLAND

    ... with international standards for anti-money laundering, Thomas said. The PBOC is also looking to bring information from banks, taxation authorities and customs officials into the fight against money ...

  6. Business - Economy - TAXATION

    Hong Kong's tax system needs complete review, institute says

    Posted May 14th 2014, 01:20am by Toh Han Shih

    ... including Beijing's, and risks losing out to Singapore in terms of corporate tax competitiveness, according to a Hong Kong Taxation Institute study that was submitted to the city's government. A poll of 578 companies, professionals and government officials by the Taxation Institute found 64 per cent supported a comprehensive review of Hong Kong's tax policy. The last ...

  7. Property - Hong Kong & China - RESIDENTIAL

    Beijing and Shenzhen set to relax curbs on mass residential sales

    Posted Aug 13th 2014, 02:29pm by Yvonne Liu

    ... Yvonne Liu yvonne.liu@scmp.com The relaxation of home purchase restrictions on the mainland’s mass residential sector might be extended to Beijing and Shenzhen, the Shanghai Securities Journal reports. It cited sources as saying the Beijing Municipal Commission of Housing and Urban-Rural Development had recently held discussions with the taxation bureau and the capital ...

  8. Business - China Business - FINANCE

    Alibaba seeks to raise more than US$24 billion in record IPO

    Posted Sep 06th 2014, 03:13pm by CHIM SAU-WAI

    ... For example, China may impose a tax on online shopping." Chinese media reported last month that the State Administration of Taxation was studying a plan to bring in a tax on online stores. ...

  9. HK moves to finalise treaties

    Posted Apr 21st 2010, 12:00am by Mukul Munish

    ... Mukul Munish Hong Kong is speeding up its efforts to sign double taxation treaties with its trade partners by the end of this year. In addition to the three treaties it has signed so far ... as the regional financial hub and to attract top-class professionals. Ayesha MacPherson, partner-in-charge, tax, Hong Kong, at accounting firm KPMG, says that signing double taxation treaties with trade ...

  10. HK signs two new tax treaties, aiming to boost trade and finance

    Posted May 20th 2010, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong will add France and Austria to the five countries it has full taxation agreements with, on Tuesday. Tax specialists say that the comprehensive double taxation ... taxation arises when two or more tax jurisdictions overlap, so that the same income or profit is subject to tax in each place. Hong Kong adopts the territorial principle of taxation, which only ...




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