From a tax point of view, the question arises on eCommerce tax: where and how is eCommerce business income being taxed?
From a tax point of view, the question arises on eCommerce tax: where and how is eCommerce business income being taxed?
On 23 February 2022, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2022-23. The forecast is that for the fiscal year 2021-22, there will be a surplus of around HKD 18.9 billion, and that the fiscal reserves are expected to be HKD 946.7 billion by 31 March 2022.
Hong Kong tax system may seem simple but whether it is also a straightforward system is up for debate
A possible way to rectify the errors in prior years’ tax reporting in the United States is now available
The gains or profits earned from NFTs are often not insignificant. Therefore, it’s recommended to understand any crypto tax reporting requirements and the tax consequences in your specific jurisdiction.
Learn about the different business vehicles available in Hong Kong such as, a Representative Office, Branch & Limited Companies.
Thinking of migrating to Australia? It’s a beautiful country, but have you considered the potential tax implications of migrating to Australia?
With a view to mitigate the risks of loss of tax revenue in respect of outbound payments to foreign institutions and individuals, it is required by the Mainland Chinese tax authorities to go through certain procedures before outbound remittance can be made from out of Mainland China. Nature and amount of outbound remittance subject to… Continue reading Mainland China Outbound Remittances
Due diligence is the best way to assess the value of a business, the associated risks and whether the transaction is viable when a company is considering an M&A transaction. There are several types of due diligence, the most commonly known being financial and legal due diligence. Legal due diligence reviews licenses, contracts, warranties and… Continue reading Financial due diligence in an M&A transaction
Despite its lack of government oversight, governments and tax authorities are starting to set up frameworks to tax crypto currencies.
HKWJ Tax Law & Partners makes it easy to begin. From tax compliance and advisory to accounting, incorporation, and business support, our team delivers tailored solutions with confidentiality and care — helping you move forward with confidence.
Contact us to explore how we can support your business and personal needs.
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