5. Ird Retains The Character It Would Have Had in the decedent's hands鈥昮or example, income that would have been long-term capital gain to the decedent is taxed as such to the recipient. CPAs can calculate the estate tax attributable to IRD using the "net value" concept. In the case...
claims has become more complex, the strict territorial scope of taxation under section 14 has not changed. Taxpayers should refer to legal and tax advisors to ensure that existing internal structures and practices are subject to critical evaluation...
IRD Enquiries is very common especially for those companies intend to claim off-shore. Pursuant to the general charging provision of Section 14(1) of the Inland Revenue Ordinance (‘HK-IRO’), an income is NOT liable to profits tax (corporate income tax) if it is (i) not derived from ...
5. Ird Retains The Character It Would Have Had in the decedent's hands鈥昮or example, income that would have been long-term capital gain to the decedent is taxed as such to the recipient. CPAs can calculate the estate tax attributable to IRD using the "net value" concept. In the case...
The article focuses on how tax planning can mitigate the costs of tax increases on income in respect to a decedent (IRD). Topics include federal estate tax requirement changes, qualified retirement plan (QRP) ...
Overview of the provisions in Section 619 of the country's tax law; Information on decedent and beneficiary; Application of the regulation on taxable foreign income; Examination on the regulation.BakaleAnthonyTax Adviser