Departmental Interpretation and Practice Notes No.40 (Revised)

Paragraph 19 of DIPN 40 is slightly amended to clarify, in the situation where a profits tax return is filed by a foreign company, what accounting standards are acceptable for the preparation of financial statements.

(August 25, 2010)

Newly published Advance Ruling Case
(August 16, 2010)

Hong Kong, Liechtenstein sign tax pact
(Press Release - August 12, 2010)

List of Qualifying Debt Instruments (as at 30 June 2010)
(July 23, 2010)

Various tax obligations of the employers and taxpayers
(July 8, 2010)

Orders to implement three avoidance of double taxation agreements gazetted
(Press Release - July 2, 2010)

Stock Borrowing Relief - Filing of Return of Stock Borrowing Transactions
(July 2, 2010)

IRD releases Performance Pledge Annual Report
(Press Release - June 30, 2010)

Hong Kong, Ireland sign tax pact (with photos)
(Press Release - June 23, 2010)

HK-UK tax pact signed (with photos)
(Press Release - June 22, 2010)

FAQ : Tax Deduction for Environment-friendly Vehicles
(June 18, 2010)

Property Tax - Obligations of Property Owners
(June 17, 2010)

DIPN 27

DIPN 27 has been revised with some minor textual changes. There are also changes in the definition of the terms "specified securities" and "specified purpose" in paragraphs 15 and 18 respectively.

(June 15, 2010 )

DIPN 47

This Practice Note provides explanations to the safeguards under tax treaty and domestic safeguards under the newly made Inland Revenue (Disclosure of Information) Rules as well as the administrative guidelines on the implementation of information exchange under the new EoI regime.

(June 9, 2010 )