 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| Hong Kong Extends E-Filing To Company Profits |
by Mary Swire, Tax-News.com, Hong Kong
Friday, February 19, 2010
Hong Kong’s Inland Revenue Department (IRD) will expand the tax filing
service, so that a company or partnership meeting certain conditions can file
its profits tax return for 2009/10, which is issued on or after April 1, 2010,
through the Internet.
The conditions will include a specification that its gross income does not
exceed HKD2m (USD257,500) and that it does not have any assessable profits from
interest or other profit/loss arising from medium-term debt.
Other conditions include the following:
- The business should not be claiming a foreign tax credit;
- It should not
have obtained an advance ruling on any tax matter relating to that year of assessment; and
-
It must not have paid or accrued to a non-resident any sum for the use of intellectual
property.
If the business is a partnership, it has to have been carried on by not more
than six partners during the year of assessment, and all of those partners must
have been individuals.
Further details are to be announced by the IRD in late March this year.
.
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
