legal consequences of filing an incorrect tax return - HKWJ Tax Law

Legal Consequences of Filing an Incorrect Tax Return

The Hong Kong Inland Revenue Ordinance (“IRO”) imposes strict requirements for individual returns filings and aims at avoiding the filing of incorrect tax returns by the individuals. If those requirements are not met, the relevant punitive provisions empower the Commissioner of Inland Revenue, depending on: The nature and/or the degree of culpability of the offence […]

automatic exchnage of tax information - HKWJ Tax Law

Automatic Exchange of Information for Tax Purpose in Mainland China

For the purpose of combating cross border tax evasion, Mainland China is one of the more than 100 tax jurisdictions which has committed to implement automatic exchange of information (‘AEOI’), by signing the Multilateral Convention on Mutual Administrative Assistance in Tax Matters in August 2013 and entering into the Multilateral Competent Authority Agreement on Automatic […]

Same sex marriage tax implications in Hong Kong - HKWJ Tax Law

Same-sex Marriage Tax Implications in Hong Kong

The Hong Kong Inland Revenue Department updated its practice notes in February 2020 to reflect the remedial interpretation of a marriage as delivered to include same-sex marriage as a consequence of the Leung Chun Kwong v Secretary for the Civil Service (2019) 22 HKCRAF 127 (“the Leung Case”). Let’s explore the case and the same-sex […]

Individual Tax Return Filing 2020/21 - HKWJ Tax Law

Individual Tax Return Filing 2020/21

The Hong Kong Inland Revenue Department or simply the Hong Kong Tax Authority (“IRD”) has now issued the year 2020/21 individual (salaries) tax returns (yes, that green envelope) for completion. We would like to offer you some individual tax return tips on your individual tax Return filing 2020/21. Tax Exemption Claims for Individual Tax Returns […]