Print

Volume 15

Publication Date: Oct 2000

----------------------------------------

DIGEST OF CASES REPORTED

----------------------------------------

  Decision No. Download
PENALTY TAX    

income was understated in two years of assessment - reliance placed upon his employer's return for full compliance of his obligation - absence of an intention to understate any income - personal circumstances not a reasonable excuse for omission - whether long absence from Hong Kong is a reasonable excuse for the omission or understatement - whether penalty at the rate of 15% under s 82A of Inland Revenue Ordinance ('IRO') excessive  

D138/99 Download D138/99 (DOC) - English Download D138/99 (PDF) - English
PERSONAL ASSESSMENT TAX    

deductions claimed in respect of mortgage interest incurred in relation to a flat - loan allegedly borrowed for purpose of producing rental income - factors to consider - s 42(1) of the Inland Revenue Ordinance  

D1/00 Download D1/00 (DOC) - English Download D1/00 (PDF) - English
PROFITS TAX    

acquisition and sale of property - intention at time of purchase - burden of proof on purchaser to establish that property purchased for long term investment - credibility of the taxpayer before the Board  

D124/99 Download D124/99 (DOC) - English Download D124/99 (PDF) - English

acquisition and sale of property - intention at time of purchase - burden of proof on purchaser to establish that property purchased for long term investment - whether tax chargeable upon profits derived from sale of property - ss 2(1), 14, 16(1) and 68(4) of the Inland Revenue Ordinance  

D152/99 Download D152/99 (DOC) - English Download D152/99 (PDF) - English

acquisition of property - intention of taxpayer at time of acquisition - burden of proof on purchaser - failure of taxpayer to attend re-fixed hearing - whether fatal to application - ss 68(2B) and 68(2D) of the Inland Revenue Ordinance ('IRO')  

D139/99 Download D139/99 (DOC) - English Download D139/99 (PDF) - English

additional tax - sale of taxi and taxi licence - whether trade of buying and selling taxi and taxi licence - trade or capital assets - ss 14, 68(4) and 2(1) of the Inland Revenue Ordinance ('IRO') , Chapter 112  

D125/99 Download D125/99 (DOC) - English Download D125/99 (PDF) - English

deductions - compensation for breach of agreement and commission for agent  

D13/00 Download D13/00 (DOC) - English Download D13/00 (PDF) - English

indigenous villager right - whether deductible costs  

D127/99 Download D127/99 (DOC) - English Download D127/99 (PDF) - English

long term mortgage taken out but quick sales - whether the sale of a property was a sale of capital asset or trading stock - s 14(1) of the Inland Revenue Ordinance ('IRO')  

D136/99 Download D136/99 (DOC) - English Download D136/99 (PDF) - English

nature of business - whether 'profits arising in or derived from Hong Kong' - agency - s 14 of the Inland Revenue Ordinance ('IRO')  

D145/99 Download D145/99 (DOC) - English Download D145/99 (PDF) - English

notice of appeal out of time - computation of time - extension of time - whether reasonable cause - s 66(1) of the Inland Revenue Ordinance ('IRO')  

D142/99 Download D142/99 (DOC) - English Download D142/99 (PDF) - English

principal place of business in Hong Kong - certain business operations outside Hong Kong - source of profits - whether liable to profits tax - s 14 of the Inland Revenue Ordinance ('IRO')  

D132/99 Download D132/99 (DOC) - English Download D132/99 (PDF) - English

real property - whether the gains arising from the disposition of a property was liable for profits tax  

D144/99 Download D144/99 (DOC) - English Download D144/99 (PDF) - English

real property - whether the gains arising from the disposition of a property was liable for profits tax  

D148/99 Download D148/99 (DOC) - English Download D148/99 (PDF) - English

real property - whether the gains arising from the disposition of a property was liable for profits tax - ss 2(1), 14 and 68(4) of the Inland Revenue Ordinance  

D15/00 Download D15/00 (DOC) - English Download D15/00 (PDF) - English

sale of property - intention - self-serving statement - onus of proof  

D151/99 Download D151/99 (DOC) - English Download D151/99 (PDF) - English

sale of property - intention at the time of acquisition - self-serving statements - one-off transaction - indicative of an acquisition for trading purpose - burden of proof  

D9/00 Download D9/00 (DOC) - English Download D9/00 (PDF) - English

sale of property - whether profits derived from the sale of the property assessable to profits tax - whether intention to use as matrimonial home genuinely held , realistic and realizable  

D143/99 Download D143/99 (DOC) - English Download D143/99 (PDF) - English

whether gain on sale of property capital or trade in nature  

D137/99 Download D137/99 (DOC) - English Download D137/99 (PDF) - English

whether gain on sale of property capital or trade in nature  

D146/99 Download D146/99 (DOC) - English Download D146/99 (PDF) - English
SALARIES TAX    

gains derived from sale of company shares - date of assessment - s 9(1)(d) and s 9(4) of the Inland Revenue Ordinance ('IRO'), Chapter 112  

D128/99 Download D128/99 (DOC) - English Download D128/99 (PDF) - English

nature of employment - whether services were performed in Hong Kong - s 8(1A)(b) of the Inland Revenue Ordinance ('IRO')  

D130/99 Download D130/99 (DOC) - English Download D130/99 (PDF) - English

 

Note: The latest position of unsettled appeals is shown in either (a) Table of Appeals to Court of First Instance or (b) Table of Appeals to Court of Appeal/Court of Final Appeal. When the final outcome of an appeal is known, the position is set out in either table and will disappear in the next issue of Board of Review Decisions.

To view "Table of Appeals to Court of First Instance/Court of Appeal/Court of Final Appeal" (position as at 31.8.2000), please click here.

GovHK Responsive Design Launched Inland Revenue Department
This is a HTML 4.0 Strict website This website complies with the Web Accessibility Initiative (WAI) of W3C - AA Level Conformance listed  in 'Web Content Accessibility Guidelines 2.0'