Volume 37
Publication Date: Jun 2023
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DIGEST OF CASES REPORTED
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| Decision No. | Download | |
|---|---|---|
| ASSESSMENTS | ||
| Assessment to Additional Tax – without reasonable excuse – filing of incorrect tax return - individuals – amount of additional tax chargeable – Inland Revenue Ordinance (Cap 112) (“IRO”) sections 58(2), (3), 66(3), 68(4), (8)(a), (9), 70, 82A, (1), (4), (9), 82B(2), (b), (c), (3) [Decision in Chinese] | D8/22 |
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| PROFITS TAX | ||
| Profits tax - conditional advance paid - whether assessable profits arising in or derived from the carrying on of a trade, profession or business - sections 14(1), 61A and 68(4) of the Inland Revenue Ordinance | D9/22 |
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| Profits tax assessment – whether profits tax should be charged on the profits from the sale of the property – burden of proof – whether or not it was trade at the time of purchase or sale of the property – intention at the time of acquisition and holding of the property – whether single and one-off transaction could be considered as adventure in the nature of trade | D7/22 |
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| SALARIES TAX | ||
| Salaries Tax – appellant giving Notice of Appeal out of time – whether the Board should exercise discretion to extend time of appeal – whether ‘prevented by illness … or other reasonable cause’ – sections 66, 68 and Part 1 of Schedule 5 to Inland Revenue Ordinance (Cap.112) (‘IRO’)[Decision in Chinese] | D10/22 |
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