Author: Percy Wong; Jody Wong
Publisher: Wolters Kluwer HK (formerly CCH) ISBN: 9789887840473 Published In: August 2018 Jurisdiction: HK Price: HK$ 780
The new edition of this Wolters Kluwer title is now updated to cover the newest developments and trends in Hong Kong taxation for the year 2018/19. The practical aspect of this title has proven to be of great value to candidates preparing for their professional qualification exams as well as to taxation and accounting students who would like to pursue a career in this exciting industry. The book provides an in-depth analysis of the taxation related issues in Hong Kong, from the implementation of new legislation to the latest departmental notes and current tax cases, as well as international tax topics related to Automatic Exchange of Financial Account Information (“AEol”) promulgated by the Organisation for Economic Co-operation and Development (“OECD”) and the Base Erosion and Profit Shifting Initiative (“BEPS”).
New material covered in the 2018/19 edition includes the following: - changes announced in the 2018/19 budget; - introduction of tax and transfer pricing legislation; - amendment of ad valorem stamp duty rate and refund period; and - newly signed double taxation agreements.
Discussion on China tax for cross-border business is included and updated in this edition. The book also examines recent tax cases on such areas of practice as source of profits, capital/revenue receipt, taxability of unrealised gains, taxability of a lump sum received, and appeals procedure. Topic-related revision questions at the end of each chapter with suggested solutions are particularly useful for professional taxation examination candidates and undergraduate and postgraduate students.
The Taxation in Hong Kong: A Practical Guide 2018/19 covers changes in the revenue laws that have taken place up to 31 May 2018.