Decision No
 

PENALTY TAX -
 

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 (PDF file)

D55/94 (Word file)

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

D58/94 (PDF file)

D58/94 (Word file)

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

D59/94 (PDF file)

D59/94 (Word file)

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 (PDF file)

D64/94 (Word file)

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

D68/94 (PDF file)

D68/94 (Word file)

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

D69/94 (PDF file)

D69/94 (Word file)

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

D53/94 (PDF file)

D53/94 (Word file)

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

D57/94 (PDF file)

D57/94 (Word file)

deductibility of severance payment against profits when business closed
 

D61/94 (PDF file)

D61/94 (Word file)

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

D76/94 (PDF file)

D76/94 (Word file)

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

D79/94 (PDF file)

D79/94 (Word file)

termination of employment - date when emoluments accrue
 

D51/94 (PDF file)

D51/94 (Word file)

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

D54/94 (PDF file)

D54/94 (Word file)

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

D60/94 (PDF file)

D60/94 (Word file)

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 (PDF file)

D65/94 (Word file)

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

D66/94 (PDF file)

D66/94 (Word file)