In this Book

Hong Kong Taxation: Law & Practice 2014- 15 Edition

Book
by Ayesha Macpherson Lau and Justin Pearce
2014
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WIDE COVERAGE The book covers the major areas of Hong Kong taxation—Property Tax, Salaries Tax, Profits Tax, Personal Assessment and Stamp Duty. It explains the principles and practice of taxation law with relevant tax cases, Board of Review decisions and contains numerous practical examples. The current edition includes the 2014–15 budget changes and the latest developments in taxation. DISTINGUISHED AUTHORSHIP Originally written by David Flux, the book is updated annually by experienced tax professionals of KPMG, an international network of member firms offering audit, tax and advisory services. CONCISENESS The text is written in a clear and concise manner. Technical J˙argon is kept to a minimum. QUICK AND EASY REFERENCE Court cases, Board of Review decisions and relevant sections of the Inland Revenue Ordinance, Inland Revenue Rule and Stamp Duty Ordinance are indexed for quick and easy reference.

Table of Contents

Title Page, Copyright

Contents

pp. v-xvi

Acknowledgement

pp. xvii

Preface to 2014–15 Edition

pp. xviii-xix

Abbreviations

pp. xx-xxi

Latin Words and Phrases

pp. xxii

Table of Cases

pp. xxiii-xxxi

Board of Review Decisions

pp. xxxii-xxxvi

IRO, IRR and SDO

pp. xxxvii-l

1. General Scheme ofTaxation in Hong Kong

pp. 1-36

2. Property Tax

pp. 37-56

3. Salaries Tax

pp. 57-190

4. Profits Tax

pp. 191-526

5. Depreciation Allowances

pp. 527-586

6. Personal Assessment

pp. 587-616

7. Returns and Information toBe Supplied, Penalties

pp. 617-648

8. Assessments andPayment of Tax

pp. 649-670

9. Objections and Appeals

pp. 671-706

10. Miscellaneous Matters

pp. 707-766

11. International Aspects of HongKong Taxation

pp. 767-846

12. Stamp Duty

pp. 847-896

Index

pp. 897-910
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