Skip to main content
Skip to content
GovHK Trandition Chinese Simplified Chinese Background A A A Search Search Site Map Contact Us

Level Double-A conformance, W3C WAI Web Content Accessibility Guidelines 2.0

Web Accessibility Recognition Scheme
Mobile / Accessible Version IconMobile / Accessible Version Printer View IconPrinter View RSS Icon RSS
  Home > Publications and Press Releases > Departmental Interpretation and Practice Notes

Departmental Interpretation and Practice Notes

With effect from 1 April 2002, Departmental Interpretation and Practice Notes (DIPNs) will only be published on the IRD website. Permission is given for the downloading of these materials from the website provided that the source of the information is acknowledged and that re-dissemination or reproduction is for a non-commercial purpose.

To help keep tax representatives and other interested parties informed of current developments, IRD will advise such persons by e-mail whenever a new DIPN is issued.

For inclusion in the e-mail service mentioned above, registration is required. Please e-mail the registration to taxpf@ird.gov.hk providing the following information -

  (a) name of firm / orgainisation / individual;
  (b) business registration number, if applicable;
  (c) e-mail address to which IRD e-mail should be sent;
  (d) name and telephone number of contact person.

(The following Interpretation and Practice Notes can be downloaded for viewing and printing by using the Adobe Reader which is available at the Adobe Systems Incorporated website.) 


No. Departmental Interpretation and Practice NotesDate Issued
1. Profits Tax
Part A : Valuation of stock-in-trade and work-in-progress
Part B : Ascertainment of profits and the valuation of work-in-progress
(A) Building and engineering contracts
(B) Property development and property investment
July 2006
2. Profits tax
Part A : Industrial building allowances
Part B : Commercial buildings allowances
April 1999
3. Profits tax - Apportionment of expenses July 2008
4. Lease premiums / Non-returnable deposits / Key or tea money / Construction fees etc. February 2006
5. Profits tax deductions for expenditure on -
(A) Research and development
(B) Technical education
(C) Patent rights, etc.
(D) Building refurbishment
(E) Prescribed fixed assets
(F) Environmental protection facilities
July 2012
6. Inland Revenue Ordinance - Provisions as to
(A) Objections to the Commissioner
(B) Appeals to the Board of Review
(C) Appeals to the Courts
November 2006
7. Machinery and plant - Depreciation allowances August 2009
8. Profits tax - Losses September 2009
9. Major deductible items under salaries tax September 2006
10. The charge to salaries tax June 2007
11. Field audit and investigation October 2007
12. Commissions, rebates and discounts September 2001
13. Profits tax -
Taxation of interest received
December 2004
13A. Profits tax -
Deductibility of interest expense
December 2004
14. Property tax March 2011
15. (A) Limitation of loss relief (Section 22B)
(B) Leasing arrangements (Section 39E)
(C) General anti-avoidance provision (Section 61)
(D) General anti-avoidance provision (Section 61A)
(E) Loss companies (Section 61B)
(F) Ramsay principle
(G) Penalty on tax avoidance cases
(H) Guidelines on lease financing
(I) Advance rulings
January 2006
16. Salaries tax - Taxation of fringe benefits October 2003
17. The taxation of persons chargeable to
profits tax on behalf of non-residents
January 2005
18. Assessment of individuals under salaries tax and personal assessment January 2005
19. The agreement between
the United States of America and Hong Kong
in respect of the taxation of shipping profits
28 September 1989
20. Unit trusts, mutual fund corporations and
similar collective investment schemes
June 2012
21. Locality of profits July 2012
22. Computation of assessable profits from cinematograph films, patents, trademarks, etc. January 2005
23. Recognized retirement schemes September 2006
24. Profits tax - Service company "Type II" arrangements July 2009
25. Service company "Type I" arrangements - Salaries tax November 2011
26. Specified securities for the purposes of section 15E of the Inland Revenue Ordinance June 2009
27. Profits tax - Stock borrowing and lending June 2010
28. Profits tax - Deductibility of foreign taxes July 1997
29. Tax relations between
the Hong Kong Special Administrative Region and
the People's Republic of China
August 1997
30. Profits tax : Section 20AA
Persons not treated as agents
September 2009
31. Advance rulings November 2011
32. Arrangement between the Mainland of China and the Hong Kong Special Administrative Region for the avoidance of double taxation on income October 2011
33. Insurance agents October 2009
34. Exemption from profits tax (interest income) Order 1998 December 2004
35. Concessionary deductions : Sections 26E and 26F
Home loan interest
May 2007
36. Concessionary deductions : Section 26D
Elderly residential care expenses
January 2000
37. Concessionary deductions : Section 26C
Approved charitable donations
September 2006
38. Salaries tax - Employee share-based benefits March 2008
39. Profits tax - Treatment of electronic commerce July 2001
40. Profits tax - Prepaid or deferred revenue expenses August 2010
41. Salaries tax - Taxation of holiday journey benefits August 2003
42. Profits tax -
Part A : Taxation on financial instruments
Part B : Taxation of foreign exchange differences
November 2005
43. Profits tax -
Profits tax exemption for offshore funds
February 2010
44. Arrangement between the Mainland of China and the Hong Kong Special Administrative Region for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income August 2008
45. Relief from double taxation due to transfer pricing or profit reallocation adjustments April 2009
46. Transfer pricing guidelines - Methodologies and related issues December 2009
47. Exchange of information January 2014
48. Advance Pricing Arrangement March 2012
49. Part A : Profits tax deduction of capital expenditure on relevant intellectual property rights
Part B : Taxation of royalties derived from licensing of intellectual property right
July 2012
50. Taxation of specified alternative bond schemes July 2014

 

  back to top


No. Estate Duty Office Interpretation and Practice NotesDate issued
1. Controlled companies provisions under the
Estate Duty Ordinance (Cap.111)
21 December 2000

  back to top


No. Stamp Office Interpretation and Practice NotesDate issued
1. Stamping of agreements for sale and purchase of residential property August 2006
2. Relief for stock borrowing and lending transactions February 2011
3. Deemed consideration under section 24 of the
Stamp Duty Ordinance, Cap.117
September 1998
4. Deemed sale and purchase under section 19(1E) of the Stamp Duty Ordinance, Cap.117 25 January 2000
5. Special Stamp Duty July 2014
6. Alternative Bond Schemes August 2014
7. Buyer's Stamp Duty July 2014

 

back to top