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Volume 7 Second Supplement

Publication Date: Mar 1993




  Decision No. Download

incorrect profits tax returns - quantum of penalties - s 82A of the Inland Revenue Ordinance  

D27/92 Download D27/92 (DOC) EN - English Download D27/92 (PDF) EN - English

bad debts - whether company carrying on the business of the lending of money - whether the money lent was in the ordinary course of business - ss 16(1D) and 17(1C) of Inland Revenue Ordinance  

D67/91 Download D67/91 (DOC) EN - English Download D67/91 (PDF) EN - English

leasing of computer equipment - whether equipment capital assets or stock in trade  

D31/92 Download D31/92 (DOC) EN - English Download D31/92 (PDF) EN - English

sale of intellectual property - licence back to original vendor - whether transactions artificial - whether sole or predominant purpose was to obtain a tax benefit - ss 61 and 61A of the Inland Revenue Ordinance   

D44/92 Download D44/92 (DOC) EN - English Download D44/92 (PDF) EN - English

whether gain on disposal of property was a capital gain  

D29/92 Download D29/92 (DOC) EN - English Download D29/92 (PDF) EN - English

whether profit or gain on disposal of property was capital and not subject to profits tax  

D23/92 Download D23/92 (DOC) EN - English Download D23/92 (PDF) EN - English

payments received on termination of employment - whether payments accrued to taxpayer in one year or another  

D28/92 Download D28/92 (DOC) EN - English Download D28/92 (PDF) EN - English

quarters provided by employer - taxpayer required to occupy quarters under terms of employment - whether value of quarters should be subject to salaries tax and whether it was excessive  

D30/92 Download D30/92 (DOC) EN - English Download D30/92 (PDF) EN - English

whether hotel subsistence allowance subject to salaries tax  

D24/92 Download D24/92 (DOC) EN - English Download D24/92 (PDF) EN - English

whether income subject to salaries tax or profits tax - what expenses are deductible against salaries tax  

D22/92 Download D22/92 (DOC) EN - English Download D22/92 (PDF) EN - English