Aviation Fuel Supply v CIR

Aviation Fuel Supply v CIR: Capital Receipts & Gains Dispute

The charging provision of profits in Hong Kong, detailed in article 14 of the Inland Revenue Ordinance (IRO), might be considered as simple by ‘outsiders,’ it is far from straightforward, as the charging provision can be open to many different interpretations. As a result, even the most straightforward cases regarding capital receipts and gains can […]

investment-income-tax-hong-kong-hkwj-tax-law

Hong Kong Tax on Investment Income

Hong Kong is one of the most attractive places in the world to generate investment income using securities, such as shares, bonds, funds, futures and options. It is also very common for employers and startup to offer stock options and share awards to employees. As a result, typical questions that may arise are related to […]

intellectual property tax planning - HKWJ Tax Law

Intellectual Property Tax Implications & Planning

The Organisation for Economic Co-operation and Development (OECD) and the G20 decided to address intellectual property taxation within the Base Erosion and Profit Shifting project by means of discussing appropriate transfer pricing rules. One has, therefore, to be aware of the potential intellectual property tax risks and challenges that could be made by the tax […]

offshore company HKWJ Tax Law

Offshore Company vs Offshore Income

For years, people have incorporated offshore entities for the benefit of asset protection, privacy or tax reduction. Although an offshore company is a popular vehicle for people to carry a business from, it is surprising to see how many people tend to mix up the concept of an offshore entity with the concept of an […]