TurboTax helps you find every deduction and credit you deserve to help you get your maximum tax refund. But just for fun, we've uncovered what we think are the weirdest deductions allowed, from pet food to free beer to (we're not kidding) a girlfriend.
sectors such as the deductions currently allowed for profits tax purposes. legco.gov.hk 政府當局不贊成為 某一特 定界別或 行業提供其專享的稅務優惠,但卻引述一些普遍適用 於各 個界別的稅務優惠,例如 現時就利得 稅設 定的扣稅項目。 legco.gov.hk [...] counterclaim or condition and free and...
For loans that do not meet the above-mentioned conditions and where the transitional rules are not applicable, the mortgage interest deduction will no longer be allowed. As of 1 January 2014, the maximum effective tax rate against which the mortgage interest is deducted is lowered. The result ...
Depreciation of fixed assets (other than certain assets within the intangible fixed asset regime, see below) is not allowable as a deduction from any source of income. However, traders, and most non-traders, are instead allowed specified rates of annual deduction in respect of specified classes ...
For Hong Kong residents, deduction is allowed for the foreign taxes that are not paid in a jurisdiction having a CDTA with Hong Kong SAR, provided that the taxpayer had taken all reasonable steps to minimise the foreign tax paid. In the case where such foreign taxes are paid in a CDTA ju...