Individual - Tax administration Individual - Other issues Hong Kong SAR contacts Charles Lee Tax Leader, PwC China +852 2289 8899 Charles Chan Hong Kong Leader of National Tax Policy Services, PwC Hong Kong +852 2289 3651 Ellen Tong Hong Kong Leader of Workforce Tax, PwC Hong Kong +852...
The Ministry of Finance and the State Taxation Administration recently announced that Hong Kong residents working in the Qianhai Shenzhen-Hong Kong Modern Service Industry Co-operation Zone will be exempt from paying individual income tax in excess of their corresponding tax burden in Hong Kong from ...
Case law and administrative developments in the areas of source of profits, source of employment income, general anti-avoidance, and the Hong Kong/Mainland China double tax arrangement are covered.doi:http://dx.doi.org/Jefferson P. VanderWolk...
Pensions are, in practice, subject to Hong Kong salaries tax if the funds out of which the payment is made are managed and controlled in Hong Kong SAR, and the pensions (other than a government pension) are related to services rendered in Hong Kong SAR. Similar to income from an office,...
a subsidy granted to sought‑after overseas talent (including individuals recruited from Hong Kong, Macao or Taiwan) to offset any individual income tax differentials between mainland China and their home jurisdictions is exempt from any further IIT obligations. This policy applies to all nine Pearl...
Hong Kong group stamp duty court challenge and Chinese amendment to income tax on lump-sum termination payments.Reports the refusal of Commissioner of Estate Duty to grant group stamp duty relief in Hong Kong, China. Assessment of income tax liability associated with lump sum payments; Variables ...
而其在香港所收取之特定海外所得須被徵收香港利得稅,並該收入已在香港以外地區繳納與利得稅性質大致相同的稅項,則無論該地區是否與香港簽訂全面性避免雙重課稅安排(Comprehensive Avoidance of Double Taxation Arrangement, “CDTA”),可採用雙邊稅收抵免(Bilateral Tax Credit)或單邊稅收抵免(Unilateral Tax Credit),...
On 1 July 1997, the Basil Law of the Hong Kong Special Administrative Region (HKSAR) will be enacted in accordance with the Constitution of the People's Republic of China. Articles 107 and 108 of the Basic Law, the so-called balanced budget and low tax policy articles, are the two most...
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January 2023. Four types of offshore passive income, namely (1) interest, (2) income from intellectual properties, (3) dividends and (4) disposal gains in relation to shares or equity interest, will be deemed to be sourced from Hong Kong and chargeable to profits tax under certain ...