Singapore and Hong Kong are two international cities in the Asia Pacific region which attract a lot of foreigners for investment and work opportunities. One of the concerns these foreigners may have is the individual income tax liabilities on their income earned. In Hong Kong, the income tax rates applied to non-resident individuals have remained […]
The question whether or not the profits including commissions arising out of securities and commodities trading are subject to Hong Kong corporate income tax have been subject to several Hong Court cases. In Nice Cheer Investment Limited v CIR (HCIA 8/2007), dated 28th of June 2011, were however the unrealised gains arising out of the […]
