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Hong Kong Tax News Flash 

Nov 2013, Issue 12

The latest IRD’s views on various profits tax issues

In the 2013 annual meeting between the Inland Revenue Department (IRD) and the Hong Kong Institute of Certified Public Accountants, the IRD expressed its views on a number of tax issues that are of interests to taxpayers. Companies with business operations in Hong Kong or doing business with Hong Kong should take into account the views expressed by the IRD in the meeting in both of their tax planning and tax filing processes for the effective management of their tax matters. This News Flash summarises the IRD’s views on a number of more important profits tax issues as indicated in the meeting minutes recently published and shares our comments on the subject tax matters.

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Contacts
Reynold Hung
China South and Hong Kong Tax Leader
Hong Kong
Tel: +[852] 2289 3604 Email
Oscar Lau
Partner
Hong Kong
Tel: +[852] 2289 5603 Email