RoddysRant.com

My interview on Quamnet.com

by Roddy Sage on March 9, 2010

in Uncategorized

The link below goes to my interview on Quamnet.com, the no. 1 financial portal website in China and Hong Kong, where I discuss the 2010/2011 HK Budget.
http://www.quamnet.com/newscontent.action?articleId=1478961

{ 0 comments }

My Interviews on RTHK 3 regarding the 2010/2011 HK Budget

by Roddy Sage on March 4, 2010

in Uncategorized

I was recently invited to talk on RTHK 3, Hong Kong’s premier English speaking radio station, regarding the 2010/2011 Hong Kong Budget.
My first appearance was on the 24th of February edition of Hong Kong Today, the morning of the HK Budget’s release.
Click HERE to listen;
The following day I was asked onto the show Back Chat, [...]

{ 0 comments }

A No Risk Budget

February 24, 2010

Michael Chugani wrote in this morning South China Morning Post that Hong Kong should not pin its hopes on a daring budget.  Perhaps this was why that it was not until after an hour and forty odd minutes through his 2010-11 budget speech that John Tsang announced [...]

Read the full article →

Budget Thoughts - The Misuse of Hong Kong’s Tax System

February 19, 2010

It has become a custom for the Financial Secretary, John Tsang Chun-wah, to leak a few details of his budget measures before he delivers his budget speech.  This year is no exception.  So far this year, it has been suggested that we can expect a salaries tax rebate, a waiver of [...]

Read the full article →

Hong Kong Budget – Further Considerations

February 10, 2010

The budget proposals issued by the Hong Kong Institute of Certified Public Accountants, The Hong Kong General Chamber of Commerce, The British Chamber of Commerce in Hong Kong and The Taxation Institute of Hong Kong always provide interesting reading. Furthermore, they give a very useful overview of the business community’s wish list for the [...]

Read the full article →

Budget Mania

February 8, 2010

It is that time of year when people, typically tax partners of the larger accounting firms, attempt to predict the Hong Kong Government’s budget surplus/deficit for the current year. This is often accompanied by a call for a reduction in the rate of profits tax, i.e. the corporate tax rate. Experience has shown [...]

Read the full article →

Changing of the Guard

January 13, 2010

Mrs Alice Lau Mak Yee-ming retired as Commissioner of Inland Revenue with effect from 6th December 2009.  Mrs Lau has been replaced by Mr Chu Yam-yuen, previously the Deputy Commissioner of Inland Revenue.
Mr Chu became an Assistant Assessor in July 1975 and has been employed by the Inland Revenue Department (“IRD”) ever since.  Mr Chu [...]

Read the full article →

Hong Kong Transfer Pricing Guidelines

January 13, 2010

In December 2009, the Inland Revenue Department (“IRD”) issued its Practice Note No. 46 – “Transfer Pricing Guidelines – Methodologies and Related Issues”.  The 35-page document plus 17-page appendix provide a detailed insight into the approach the IRD will take to negate perceived Hong Kong tax benefits derived from abusive [...]

Read the full article →

Locality of Profits

January 13, 2010

In December 2009, the Inland Revenue Department published the revised Departmental Interpretation and Practice Note No.21 (Revised) – “Locality of Profits”.
The determination of the location of a source of a given profit has caused some disputes between taxpayers and the Inland Revenue Department.  It is clear that the source of a profit is “what the [...]

Read the full article →

Why an Audit?

January 11, 2010

One of the more frustrating aspects of Hong Kong company law is that all Hong Kong-incorporated companies require an audit, irrespective of the value of the company’s turnover, the number and nature of its shareholders etc.  By comparison, a Singapore Exempt Private Company, i.e. a company with not more than 20 shareholders (none of whom [...]

Read the full article →

← Previous Entries