2010-2011 Hong Kong Tax Newsletters
You will find here all the Hong Kong Tax newsletters released in 2010 and 2011.
May 2010 - CTAs with Hungary Kuwait
Please find enclosed the latest edition of our Tax newsletter dealing with the two new Comprehensive Taxation Agreements recently signed by Hong Kong with Hungary and Kuwait.
May 2010 - CDTA with Austria
Hong Kong signed a comprehensive double taxation agreement (“CDTA”) with Austria which has incorporated the latest OECD standard on exchange of information on 25 May 2010
May 2010 - CDTA with Mainland China
Hong Kong signed the 3rd Protocol to the Comprehensive Double Taxation Arrangement with the Mainland China
Dec. 2011 - Tax incentives for acquisition of Intellectual Property Rights
Prior to the Inland Revenue (Amendment) (No. 3) Ordinance 2011, capital expenditure incurred by taxpayers to purchase intellectual property rights (“IPR”) would only be tax deductible if the IPR concerned were patent rights and rights to any know-how, the deduction of which is governed by Section 16E of the Inland Revenue Ordinance (“IRO”).
Jan 2010 - Inland Revenue Ordinance
The Legislative Council (“Lego”) passed the Inland Revenue (Amendment) (No. 3) Bill 2009
(“The Bill”) on 6 January 2010 which has become the Inland Revenue (Amendment) Ordinance
2010 (the Amendment Ordinance”) and was published in the gazette on 15 January 2010.
(“The Bill”) on 6 January 2010 which has become the Inland Revenue (Amendment) Ordinance
2010 (the Amendment Ordinance”) and was published in the gazette on 15 January 2010.
Oct 2010 - HK Tax Newsletter 06
July 2010 - Hong Kong Taxtechnical update
Mar 2010 - 3 new Comprehensive Double Taxation Agreements
Hong Kong has just signed three CDTAs with Brunei, the Netherlands and Indonesia on 20, 22 and 23 March 2010 respectively.
HK Budget Special Report - 2010/2011
On 24 February 2010, the Financial Secretary, Mr. John Tsang Chun-wah, delivered his third budget speech of the current term for the Government for the 2010/11 fiscal year.