An Israeli bill meant to preventtax avoidanceand increase the government’s coffers passed its first of three readings in the Knesset earlier this month. If passed, Amendment No. 268 to the Income Tax Ordinance will abolish automatic tax exemptions for residential rental income and set a standing...
Changing the Tax Architecture: A Relational Analysis between the Income Tax Bill, 2018 and Tax Laws (Amendment) Act, 2018 The ITA predominantly borrowed from the 1920 Income Tax Ordinance and has remained unchanged save for piecemeal amendments, revisions and reform over the years. Other statutes ...
as if no arrangement was entered into. As a step to further deter tax avoidance arrangements, the amendment introduces a surcharge equal to 50 percent of the additional income tax imposed by the Comptroller. Singapore has also proposed to introduce a surcharge equal...
The Foreign-sourced Income Amendment Ordinance has applied the definition of “permanent establishment” in Hong Kong according to Schedule 17G of the IRO and “Hong Kong resident person” under section 50AAC(1) of the IRO, as are relevant for determining liability for property tax, ...
For favourable advance ruling previously obtained without disclosure of the relevant assets, further information about the arrangement (e.g. expanding the scope) will be announced by the IRD upon the enactment of the amendment ordinance. Effective date ...
the Amendment Ordinance. legco.gov.hk 統計處負責:(i) 對房委會在入息統計調查 中的工作進行質量檢 查;以及(ii) 根據《房屋條例》第 16A(7)(b)條,以獨立身分計算收入指 數。 legco.gov.hk During the period, the Group recognised income from provision of satellite transponder capacity from its associ...
expected to be effective on 1 January 2023. The new mechanism serves as an interim measure to provide greater tax certainty to taxpayers during the period between the gazettal of the amendment bill on the refined FSIE regime and the coming into operation of the relevant amendment ordinance. ...
Tax Returnmeans any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof. Income interestmeans the right of an income beneficiary to receive all or part of net income,...
TAX RELIEF AND EXEMPTION OF HOLDERS OF LISTED SECURITIES The Company is not aware of any tax relief or exemption available to the Shareholders by reason of their respective holding of the Company's securities. SUBSIDIARIES Particulars of the Company's subsidiaries are set out in Note 1 to the ...
net of tax 其他全面收益 (經扣除稅項) Items that may be reclassified subsequently to profit or loss: Net gain arising on revaluation of available-for-sale financial assets during the year 其後可能重新分類至 損益之項目: 年內重估可供 出售金融資產產生之 收益淨值 Exchange differences arising on tra...