Desktop VersionSite MapContact UsShare RSS
  • Default font size
  • Bigger font size
  • Biggest font size

News Archives (started from April 2011)

News Archives (started from April 2011)
Title Date
Circular Letter to Tax Representatives - Block Extension Scheme for Lodgement of 2011/12 Tax Returns 30.03.2012
Government launches consultation on proposed legislative amendments to facilitate development of Islamic bond market 29.03.2012
DIPN 48 DIPN 48

The Departmental Interpretation and Practice Notes No. 48 ("Advance Pricing Arrangement") is issued on 29 March 2012 and is intended to provide guidance on Advance Pricing Arrangement (APA) to enterprises. It explains in detail the APA process, in particular the terms and conditions under which an APA may be granted by the Commissioner. The Inland Revenue Department will roll out the APA programme as from 2 April 2012.
29.03.2012
LCQ12: Revenues from profits and salaries taxes 28.03.2012
IRD Notice: Pay promptly as second instalment falling due IRD Notice : Pay promptly as second instalment falling due 28.03.2012
Suspension of Business Registration Instant Services on 2.4.2012 22.03.2012
Newly published Advance Ruling Case 22.03.2012
Alert issued on fraudulent website 12.03.2012
Deduction of Share-based Payments and Amendment to Q9 of "FAQ for Share-based Payment Transactions" 06.03.2012
LCQ9: Special Stamp Duty 29.02.2012
Hong Kong and Jersey sign tax treaty 24.02.2012
The Companies Registry and the IRD jointly introduced anOPTIONAL ELECTRONIC one-stop notification service at the e-Registry of the Companies Registry on 20 February 2012. Please refer to Q23, Q24 and Q25 of "FAQ - One-stop Company and Business Registration and One-stop Notification of Change of Business Particulars" for details. 20.02.2012
The Agreement between the Hong Kong Special Administrative Region of the People's Republic of China and the Kingdom of Spain for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income will come into effect on 16 April 2012 06.02.2012
The Agreement between the Government of the Hong Kong Special Administrative Region of the People's Republic of China and the Government of the Czech Republic for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income has come into effect on 24 January 2012 06.02.2012
HK-Czech Republic tax treaty now in force 06.02.2012
Tax measures proposed in 2012-13 Budget 01.02.2012
LCQ18: Home loan interest 01.02.2012
2012-13 Budget - Tax Measures 01.02.2012
Stamping Circular No. 01/2012: Stock Borrowing Relief – Filing of Return of Stock Borrowing Transactions Stamping Circular No. 01/2012 03.01.2012
IRD Notice: Pay Promptly as tax falling due IRD Notice : Pay promptly as tax falling due 28.12.2011
Circular Letter to Tax Representatives - Extended Due Date for Lodgement of Profits Tax Returns 2010/11 for 'M' Code Current Year Loss Cases 21.12.2011
Inland Revenue (Amendment) (No. 3) Ordinance 2011 gazetted today Inland Revenue (Amendment) (No. 3) Ordinance 2011 16.12.2011
Newly published Advance Ruling Case 07.12.2011
The Agreement between the Government of the Hong Kong Special Administrative Region of the People's Republic of China and the Government of the French Republic for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital and the Prevention of Fiscal Evasion comes into effect on 1 December 2011 01.12.2011
LCQ15: Arrangement for avoidance of double taxation 23.11.2011
DIPN 31 (Revised)DIPN 31

Departmental Interpretation and Practice Notes No. 31 ("Advance Rulings") has been revised to provide more information to enable taxpayer to better understand the advance ruling service provided by the Department. New paragraphs have been added to cover issues like discretion, extent of disclosure, quality and completeness of information, class rulings and incorrect information or false answer. In addition, issues like ruling shall not apply, processing of ruling requests and publication of rulings are elaborated in greater detail in the present update.

18.11.2011
DIPN 25 (Revised)DIPN 25

Departmental Interpretation and Practice Notes No. 25 ("Service Company "Type I" Arrangements - Salaries Tax") was first issued in August 1995. It was updated in November 2011 to include Board of Review decisions concerning section 9A, to draw reference from CFA judgement for the purposes of section 9A(4), and to add examples to illustrate the coverage of section 9A.

18.11.2011
The Agreement between the Government of the Hong Kong Special Administrative Region of the People's Republic of China and the Government of New Zealand for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income has come into effect on 9 November 2011 10.11.2011
Hong Kong and Malta sign tax treaty 08.11.2011
Annual Report 2010-11 02.11.2011
The Agreement between the Hong Kong Special Administrative Region of the People's Republic of China and the Kingdom of the Netherlands for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income has come into effect on 24 October 2011 25.10.2011
SOIPN 5 (Revised)SOIPN 5

The Stamp Office Interpretation & Practice Notes No. 5, which was first issued in July 2011, was revised on 21 October 2011 to cater for the subsequent comments received from stakeholders.
21.10.2011
DIPN 32 (Revised) DIPN 32

Departmental Interpretation and Practice Notes No. 32, which was first issued in June 1998, was revised on 21 October 2011 to reflect the revisions made in Departmental Interpretation and Practice Notes No. 10 (Revised 2007) and No. 21 (Revised 2009). Amendments are found in paragraphs 6 and 67.
21.10.2011
Annual meetings between the Inland Revenue Department and the Hong Kong Institute of Certified Public Accountants 18.10.2011
One-stop Service 17.10.2011
Notify IRD promptly on change of address Notify IRD promptly on change of address 06.10.2011
Information Security Reminder 22.09.2011
Enhancement of One-stop Company and Business Registration and One-stop Notification of Change of Company Particulars 21.09.2011
Tax Information : Refund of Tax 06.09.2011
The Protocol to the Agreement between the Hong Kong Special Administrative Region of the People's Republic of China and the Grand Duchy of Luxembourg for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital has come into effect on 17 August 2011 25.08.2011
New Service - Electronic Filing of Employer's Return

Employers can file their Employer's Returns IR56E/ IR56F/ IR56G under eTAX through the Internet from 23 August 2011 onwards. The e-filing service will be extended to cover BIR56A / IR56B and IR6036B / IR56M in April 2012.
23.08.2011
The Agreement between the Government of the Hong Kong Special Administrative Region of the People's Republic of China and the Government of Japan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income has come into effect on 14 August 2011 15.08.2011
The Agreement between the Government of the Hong Kong Special Administrative Region of the People's Republic of China and the Government of the Principality of Liechtenstein for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income and on Capital has come into effect on 8 July 2011 10.08.2011
Newly published Advance Ruling Case 04.08.2011
Performance Pledge Annual Report 2010/11
The Inland Revenue Department has achieved all the targets, and exceeded many, in its performance pledges in 2010/11. Starting from 1 April 2011, the Department has also further shortened the time for processing refunds arising from revised assessments from 12 working days to 10 working days.


The Performance Pledge Annual Report 2010/11 is offered in Adobe PDF (Portable Document Format) File. PDF file can be opened by Adobe Acrobat Reader which is available at the Adobe Systems Incorporated.Hard copies of the report can be collected on the ground and first floors of Revenue Tower and the public enquiry service centers of district offices.
03.08.2011
SOIPN 5 SOIPN 5

SOIPN 5 is issued to set out the stamping requirements and the practices adopted by the Collector of Stamp Revenue in relation to Special Stamp Duty.
21.07.2011
Tax Treatment for Defined Benefit Retirement Schemes 18.07.2011
Standard forms for application of certificate of resident status under a comprehensive agreement for the avoidance of double taxation

With immediate effect, any application for a certificate of Hong Kong resident status under a comprehensive agreement for the avoidance of double taxation signed between Hong Kong and other jurisdictions (apart from the Mainland of China) has to be made on the standard form IR1313B (for company, partnership, trust or other body of persons) or IR1314B (for individuals). For applications involving the Mainland of China, standard form IR1313 / IR1313A / IR1314 / IR1314A should continue to be used. The forms can be downloaded from the Inland Revenue Department Homepage atwww.ird.gov.hk.
13.07.2011
Various tax obligations of the employers and taxpayers Various tax obligations of the employers and taxpayers 07.07.2011
Tax arrangements on dividends paid to Hong Kong residents by Mainland companies clarified 04.07.2011
Stock Borrowing Relief – Filing of Return of Stock Borrowing Transactions Stock Borrowing Relief – Filing of Return of Stock Borrowing Transactions 04.07.2011
Procedural Matters in relation to the Stamp Duty (Amendment) Ordinance 2011Procedural Matters in relation to the Stamp Duty (Amendment) Ordinance 2011 30.06.2011
Applications for Registration of Business which has not commenced business will not be accepted 27.06.2011
LCQ14: Filing of tax returns and payment of taxes 22.06.2011
Expiry of the Revenue (Reduction of Business Registration Fees) Order 2010 17.06.2011
Property Tax - Obligations of Property Owners Property Tax - Obligations of Property Owners 16.06.2011
Hong Kong signs tax treaty with Czech Republic (with photos) 07.06.2011
Newly published Advance Ruling Case 27.05.2011
Various tax obligations of the employers and taxpayers Various tax obligations of the employers and taxpayers 27.05.2011
Alert issued on fraudulent website 26.05.2011
LCQ17: Hong Kong enterprises engaged in processing trade operations 25.05.2011
Five orders on avoidance of double taxation agreements gazetted 13.05.2011
File Your Tax Return on time File Your Tax Return on time 12.05.2011
LCQ19: Hong Kong enterprises engaged in processing trade operations 11.05.2011
Hong Kong Tax Cases Volume 8 06.05.2011
Over two million individual tax returns issued 03.05.2011
Press Conference 3 May 2011 - The Gist of CIR's SpeechCIR's Speech 03.05.2011
Revamping of homepage - Double Taxation Relief 03.05.2011
Inland Revenue (Amendment) (No. 3) Bill 2011 gazetted 21.04.2011
Promotion for Electronic Filing of Profits Tax Return 14.04.2011
Notice to Employers Notice to Employers 14.04.2011
LCQ14: HK enterprises engaged in processing operations 13.04.2011
LCQ14: Taxation issues faced by Hong Kong enterprises 06.04.2011
Hong Kong signs tax treaty with Spain 01.04.2011
IRD issues tax returns for 2010-11 01.04.2011
Tax Representatives' Corner 01.04.2011