Hong Kong Master Tax Guide 2021/22 (29th Edition)


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The Hong Kong Master Tax Guide explores the spectrum of taxation issues in Hong Kong using non-technical language and easy to follow examples, flowcharts and tables. The taxes imposed under the Inland Revenue Ordinance (Cap 112) (property tax, salaries tax and profits tax) and the Stamp Duty Ordinance (Cap 117) are examined in detailed with attention being paid to matters ranging from liability to tax to assessment, payment, objection and appeal. To enable quick and easy access to information, a comprehensive Subject Index, Case Table, Board of Review Decision Table and the Inland Revenue Ordinance (Cap 112), Stamp Duty Ordinance (Cap 117) Section Finding List are provided. Now buy e-Version (one year access) will get a hard copy for free! e-Version Online Subscription Fee: HKD 1,380/Year


HK$1380 


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You can either buy this standalone book OR buy this toolkit which also includes this book and a lot more useful contents: Hong Kong Company Law & Compliance Toolkit or Hong Kong Tax & Accounting Practice Toolkit


Key Benefits

The Hong Kong Master Tax Guide is a handy desktop reference book and provides comprehensive and up-to-date explanation of Hong Kong taxation laws. It provides practical and up-to-date information on the concepts governing taxation of companies, businesses, individuals, partnerships, clubs and associations in Hong Kong.


Key Features

  • Expertly updated by the National Tax Policy Services Team, the Financial Services Tax Team and the Transfer Pricing Team at PricewaterhouseCoopers Limited, acting as the Consultant Editor;
  • All legislative changes introduced since the 2019/20 edition, as well as the revenue measures announced in the 2021/22 Budget;
  • The key tax measures in response to the COVID-19 pandemic;
  • The new tax concessions for ship leasing businesses, insurance-related businesses and carried interest;
  • Further updates on new concessionary revenue measures proposed in the 2021/22 Budget;
  • Updates on international tax development including the proposed tax regulations in response to the Organisation for Economic Co-operation and Development’s Base Erosion and Profit Shifting Project and the New Transfer Pricing Regime in Hong Kong
  • Worked examples that illustrate the law in practice;
  • The user-friendly tables on updated tax rates, personal allowances and due dates for tax returns are handy reference tools;
  • Latest decisions of important Board of Review, Court of First Instance, Court of Appeal and Court of Final Appeal tax cases;
  • Rearranged and expanded Profits Tax chapters and International Tax chapter;
  • Contains user-friendly indexes, section finding list and case table which ensure fast access to information.


Topics Covered

  • Introduction to Hong Kong Revenue Law
  • Salaries Tax
  • Personal Allowances
  • Personal Assessment
  • Property Tax
  • Profits Tax: Chargeability, Basis Period and Profits Tax Rates
  • Profits Tax: Stock Valuation, Deductions and Losses
  • Profits Tax: Special Items, Businesses and Taxpayers
  • Depreciation and Other Capital Allowances
  • Returns and Information, Assessment, Provisional Tax
  • Payment and Recovery of Tax
  • Objections, Appeals
  • Offences and Penalties
  • Advance Rulings, Anti-avoidance
  • Stamp Duty
  • International Tax Considerations: Tax Treaties and BEPS
  • Transfer Pricing 


 Target Audience

  • Accountants and business executives
  • Tax professionals/in-house tax consultants 
  • Lawyers, in-house counsel
  • Students
  • Parties interested in Hong Kong taxation


Price

  • HK$1,380


Author

  • PricewaterHouseCoopers Limited 

The Hong Kong Master Tax Guide is available in Printed version and as part of our Hong Kong Tax & Accounting Practice Toolkit Subscription Package.

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