The responsibilities of the Commissioner of the IRD includes overseeing the administration of the following ordinances in Hong Kong: Betting Duty Ordinance Cap.108 Business Registration Ordinance Cap.310 Estate Duty Ordinance Cap.111 [...]
Structure of the IRD The IRD is led by the Commissioner of Inland Revenue. The IRD also has two deputy commissioners who serve under the direction of the commissioner. One deputy commissioner [...]
An important feature of Hong Kong’s tax system is that of the two-tier profit tax regime. This tax regime has played an important role in fine-tuning Hong Kong’s tax system to [...]
Capital Gains Tax in Hong Kong Hong Kong is one of the few locations in the world in which capital gains are not subject to any taxation. However, any taxpayer who [...]
Property Tax Property tax is one of the forms of taxation which is imposed in Hong Kong. It is charged in relation to income earned through land and buildings located in [...]
Introduction Every country and territory in the world imposes tax rates at levels it deems to be suitable for the people who live and pay taxes there. This is the primary reason why [...]
The taxation system of Hong Kong is territorially based. This means that all taxes which are imposed in Hong Kong are not levied with regard to location. This fact applies to [...]
