• Sat
  • Dec 20, 2014
  • Updated: 1:21am

Inheritance Tax

Cabinet adviser denies media reports amid heated debate over China's inheritance tax law

Liu Huan, one of the 56 members of Counsellors’ Office of the State Council. Photo: SCMP Pictures

A cabinet adviser has denied claims he told media that a draft inheritance tax law would be discussed at an upcoming annual Communist Party convention amid heated public debate over its feasibility.

Thursday, 3 October, 2013, 11:33am

Shut duty-free tobacco shops

It makes sense to increase the tobacco tax, eliminate duty-free tobacco shops at the airport and the mainland border, and remove the duty-free allowance on tobacco for travellers.

28 Aug 2005 - 12:00am

Setting the record straight

I refer to the report headlined, 'Huge tax bill awaits opera singer's estate' which appeared in the South China Morning Post, on April 23, and wish to clear up some misunderstandings.

28 Apr 1997 - 12:00am

Buy a home, but first do your homework

LAST week we looked at areas where a property investor could look for capital appreciation. The answers were that the fundamentals were certainly in the US, Canada, Australia and Britain. This week we focus on one of these countries in order to emphasise the need to use an adviser approved by the Securities and Futures Commission.

24 Oct 1993 - 12:00am

The many taxing problems of owning homes in Britain

ANY purchaser of British property must give careful consideration to the three main British taxes: income tax on any rents received from the property; capital gains tax if the property is later sold at a profit; and inheritance tax.

Income tax is only likely to be a problem if you let property.

30 Jun 1993 - 12:00am