July 6, 2009
Over the past 12 months there have been numerous debates as to whether Hong Kong should enter into comprehensive double taxation agreements (CDTA) with its major trading partners.
In simple terms a CDTA is an agreement that limits the circumstances when a source of income may be taxed in both jurisdictions participating in the agreement. This [...]
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July 6, 2009
When writing about tax the most frequently used quotation is that from Benjamin Franklin, “But in this world nothing can be said to be certain, except death and taxes.” However, reflecting on Hong Kong’s budget, the most apt quotation must surely be that from James Otis, “Taxation without representation is tyranny.”
Following the reading of the [...]
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