Uncategorized

The case of C.I.R. v CG Lighting Limited was never allowed to proceed to the Court of Final Appeal. Many issues arise from the conduct of this case, but the most galling, in my opinion, was the Commissioner’s insidious instruction to his legal counsel, Mr Eugene Fung, to depart from the guidance given to [...]

Professor K C Chan, Secretary for Financial Services and the Treasury, provided some interesting comments in his response to questions addressed to the Government.
On May 5, Professor Chan advised that revenue collections by the Inland Revenue Department from Salaries Tax and Profits Tax were estimated to be $179.1 billion, 6% less [...]

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

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 [...]