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Volume 9 Third Supplement

Publication Date: Jul 1995

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DIGEST OF CASES REPORTED

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  Decision No. Download
PENALTY TAX    

delay in filing tax return - previously habitual late filing - quantum of penalty - s 82A of the Inland Revenue Ordinance  

D59/94 Download D59/94 (DOC) - English Download D59/94 (PDF) - English

late filing of return - quantum of penalty - s 82A of the Inland Revenue Ordinance  

D68/94 Download D68/94 (DOC) - English Download D68/94 (PDF) - English

late filing of return - return filed without audited accounts - quantum of penalty  

D58/94 Download D58/94 (DOC) - English Download D58/94 (PDF) - English

late filing of tax return - penalty imposed - taxpayer again late in filing tax return - quantum of penalty - s 82A of the Inland Revenue Ordinance  

D55/94 Download D55/94 (DOC) - English Download D55/94 (PDF) - English

management accounts filed in lieu of audited accounts and then followed by return with audited accounts - penalty of 6% - whether excessive - s 82A of the Inland Revenue Ordinance  

D64/94 Download D64/94 (DOC) - English Download D64/94 (PDF) - English

sole proprietor of business - incorrect tax return - substantial understatement of profits - quantum of penalties - s 82A of the Inland Revenue Ordinance  

D69/94 Download D69/94 (DOC) - English Download D69/94 (PDF) - English
PROFITS TAX    

appeal without merit - order for costs - s 68(9) of the Inland Revenue Ordinance  

D53/94 Download D53/94 (DOC) - English Download D53/94 (PDF) - English

deductibility of severance payment against profits when business closed  

D61/94 Download D61/94 (DOC) - English Download D61/94 (PDF) - English

purchase and sale of property - whether capital gain or a transaction amounting to an adventure in the nature of trade  

D76/94 Download D76/94 (DOC) - English Download D76/94 (PDF) - English

purchase and sale of property - whether capital gain or profit on trading transaction  

D79/94 Download D79/94 (DOC) - English Download D79/94 (PDF) - English

whether individual taxpayer carrying on a trade or business - deductibility of losses suffered in hang seng index futures, forex and bullion  

D57/94 Download D57/94 (DOC) - English Download D57/94 (PDF) - English
SALARIES TAX    

notice of appeal lodged out of time - whether extension of time should be granted - s 66(1A) of the Inland Revenue Ordinance  

D60/94 Download D60/94 (DOC) - English Download D60/94 (PDF) - English

overseas employee working in Hong Kong - whether hotel accommodation and local living allowances subject to be assessed to salaries tax  

D54/94 Download D54/94 (DOC) - English Download D54/94 (PDF) - English

share option scheme - date of exercise of option - value of option  

D66/94 Download D66/94 (DOC) - English Download D66/94 (PDF) - English

termination of employment - date when emoluments accrue  

D51/94 Download D51/94 (DOC) - English Download D51/94 (PDF) - English

whether payment made to a United Kingdom Pension Fund is subject to Hong Kong salaries tax and whether the same can be deducted as an expense  

D65/94 Download D65/94 (DOC) - English Download D65/94 (PDF) - English
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