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  • November 24, 2014
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  1. 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, ...

    http://www.scmp.com/business/companies/article/1243285/irish-loophole-behind-apples-low-tax-bill
  2. Comment - Insight & Opinion - LEADER

    Democracy and constitutional change the winner in Scottish vote

    Posted Sep 20th 2014, 04:40am by SCMP Editorial

    ... to the Scots' yearning for greater autonomy, promising more devolution, including greater powers over taxation, spending and welfare. This called into question Prime Minister David Cameron's ...

    http://www.scmp.com/comment/insight-opinion/article/1596402/democracy-and-constitutional-change-winner-scottish-vote
  3. Comment - Letters

    Change way property is taxed to ease supply and prevent hoarding

    Posted Sep 18th 2014, 05:22am by LETTERS

    ... uninhabitable and many who can afford to do so are leaving. Bringing down price levels in line with salaries through transfers and taxation would reduce the wealth gap and provide funding for other ...

    http://www.scmp.com/comment/letters/article/1594903/change-way-property-taxed-ease-supply-and-prevent-hoarding
  4. News - China - ECONOMY

    Cut taxes to boost the economy, urges China's second richest man Zong Qinghou

    Posted Aug 25th 2014, 03:35pm by Kathy Gao

    ... maker Hangzhou Wahaha Group, said the government had never considered how to reduce taxation so as to increase ordinary people's income, the report said. If the nation is rich, but people ... Zong said. "For instance, we need to further develop things such as education, health care, culture and protection of the environment." He warned that continued heavy taxation could ...

    http://www.scmp.com/news/china/article/1580537/chinas-second-richest-man-zong-qinghou-tells-government-tax-cuts-will
  5. Business - Money - DEBT

    Hong Kong raises US$1 billion in debut issue of Islamic bonds

    Posted Sep 12th 2014, 06:19am by Bloomberg

    ... such as property to conform with a ban on interest. Countries seeking to sell such debt need to amend legislation to ensure the securities are not subject to double taxation on capital gains and levies ...

    http://www.scmp.com/business/money/markets-investing/article/1590513/hong-kong-raises-us1-billion-debut-issue-islamic
  6. Business - Banking & Finance - OPERATIONS

    Lloyds Banking Group keeps its options open for move to England

    Posted Sep 22nd 2014, 04:28am by Reuters

    ... it clear that Scotland wants a greater say on spending and taxation, which could complicate the tax affairs of companies with offices across Britain. Lloyds, one of five lenders that had warned ...

    http://www.scmp.com/business/banking-finance/article/1597677/lloyds-banking-group-keeps-its-options-open-move-england
  7. Comment - Insight & Opinion - THE VIEW

    How to attract talent and capital

    Posted Aug 20th 2014, 11:00am by Stephen Vines

    ... organisation that is not constantly harping on about the need for lower taxation. And it's not just organisations who go on about this because most companies would prefer to pay less in tax. However, taxation is just one of the costs of doing business and sensible businesses understand that paying more often means getting more back. You get what you pay for, but the point is: where do ...

    http://www.scmp.com/comment/insight-opinion/article/1577568/how-attract-talent-and-capital
  8. 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 ...

    http://www.scmp.com/article/712006/hk-moves-finalise-treaties
  9. 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 ...

    http://www.scmp.com/article/714837/hk-signs-two-new-tax-treaties-aiming-boost-trade-and-finance
  10. 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 ...

    http://www.scmp.com/business/economy/article/1511589/hong-kongs-tax-system-needs-complete-review-institute-says

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