Editorial Policy

The Asia-Pacific Journal of Taxation (APJT) publishes research papers, commentary notes, book reviews and article abstracts that address significant issues in the field of taxation of relevance to Hong Kong, China and the Asia-Pacific region.

 

Research papers should be analytical, which either be empirically or theoretically based. Studies of comparative practices or international research reports in the field of taxation are encouraged.

 

Editorial Procedures

Authors should submit their manuscripts to the Joint Editors of APJT.

 

Work submitted for consideration must be original and unpublished, and not under consideration for publication elsewhere.

 

Manuscripts submitted to APJT will be reviewed by the Joint Editors for general suitability for publication. Those considered appropriate will be sent to two reviewers for evaluation using a double blind review procedure. Based on the recommendations of the reviewers, the Joint Editors will then decide whether the particular article should be accepted as it is (and the publication schedule), revised or rejected. The process so described is a general one. The Joint Editors, however, may, in some circumstances, vary this process at their discretion.

 

Non-exclusive License of the Article

By submitting your article to APJT, you hereby agree to give to the Hong Kong Polytechnic University and the Taxation Institute of Hong Kong (the “Publishers”) the right to be the first publisher of the your article in any part of the world, in any language, in print and electronic forms, to take effect if and when the said article is accepted for publication.

 

After first publication in print and electronic forms, the Publishers will have an ongoing but non-exclusive license to publish and republish the said article in any part of the world, in any language, in print and electronic forms in APJT, and anthologies derived from APJT.

 

Guidelines for Manuscripts

All manuscripts are to be typewritten double spaced on one side (international-size A4 preferred; North American 8” x 11” letter size also acceptable). Margins should be about 25 mm or 1 inch to facilitate editing and duplication.

 

Cover page — The cover page should include the title of the manuscript, the name, title, affiliation, address, phone and fax number of each author, and any acknowledgement of financial, technical and other assistance.

 

Abstract page — The abstract page should have the title of the manuscript and a 100–150 words abstract but should not identify the author(s).

 

Text — Begin the text on a new page with the title but without the name of the author(s). Headings should be bold-faced, entirely in upper case while subheadings within the main headings should be bold-faced, in upper and lower cases. Footnotes, if unavoidable, should be kept to a minimum. They should be numbered consecutively throughout the manuscript, typed with double-spacing and collected on a separate page with the heading “Endnotes”. The endnotes should follow the last page of the text. Reference citations within the text should consist of the cited author’s last name and the year of publication, enclosed in parentheses, for example: (Alm 1991), or (Brent, Morse and Stice 1990). If the author’s name appears in the sentence, only the year of publication should be in parentheses, for example: as discussed by Brent, Morse and Stice (1990). References to multiple works should occur within one set of parentheses, separated by semi-colons, for example: (Alm 1991; Brent, Morse and Stice 1990; and Lewellen and Mauer 1988).

 

References — References should be listed on a separate, double spaced page. This listing should only contain those references cited in the text of the manuscript. References are listed in alphabetical order by the first author’s last name.

 

Samples of entries are as follows:

Alm, James (1991), “A Perspective on the Experimental Analysis of Taxpayer Reporting”, The Accounting Review, July, pp. 577–593.

Brent, Averil, Morse, Dale and Stice, E.K. (1990), “Short Interest: Explanations and Tests”, Journal of Financial and Quantitative Analysis, June, pp. 273–289.

 

Halkyard, Andrew and Vanderwolk, J.P. (1993), Hong Kong

Tax Law—Cases and Materials, Butterworths Asia.

Lewellen, W.G. and Mauer, D.C. (1988), “Tax Options and Corporate Capital Structures”, Journal of Financial and Quantitative Analysis, December, pp. 387–400.

 

Upon acceptance of a paper for publication, the author(s) will be requested to submit a carefully-edited version of the manuscript. The author(s) will be required to sign a publication agreement with APJT. Author(s) of accepted manuscripts will be provided with proof copies of their articles for proofreading. Neither the Joint Editors nor APJT will accept responsibility for errors, omissions, loss or damage to manuscripts..

 

 

Vol. 25 No. 2 - 2021

• HK Technical Column

   

  • A Review of Recent Board of Review Cases

    Percy Wong & Jody Wong

     

  • Trajectories for the Development of the Inland Revenue Ordinance in Hong Kong

    Stefano Mariani

     

  • Charities and Taxation - Updates

    Philip Hung & Felix Tsang

     

• PRC & International Technical Column

   

  • China tax policies in the Greater Bay Area – a new landscape and prospect

    Rebecca Wong & Cherie Li

     

  • 海南自貿港税收政策解讀

    李雁 & 劉昭華 & 路遙 & 胡音

   

• Article of Interest

   

  • Belt & Road Column

   

  • Philippines – Changing the Tax Landscape

    Maria Carmela M. Peralt

   

   

  Vol. 25 No. 1 - 2021

• HK Technical Column

   

  • A Review of Recent Board of Review Cases

    Teresa Fung & Jody Wong

     

  • The Changing Role of Hong Kong Taxation in Fiscal Policy in the Last Thirty Years and its Prospective Future

    YY Butt & Patrick Ho

     

  • Hong Kong Enhanced Research and Development Tax Deduction Regime

    Ada Ma & Danny Law

     

• PRC & International Technical Column

   

  • Indian Tax Implications of Holding a US Individual Retirement Account

    Raghu Venugopalan & Darshan Wadhwa

                      

  • Tax Residency and Permanent Establishment issues during the COVID-19 Disruption Period and in the New Reality

    Eugene Yeung & William Wong

   

• Article of Interest

   

  • Belt & Road Column

   

  • 2021 Luxembourg Corporate Taxation Overview

    Cedric Carnoye

   

• Budget Column

   

  • 2021-22 Budget Proposals

    TIHK

     

  • 2021-22 Budget Commentaries

    TIHK

   

   

  Vol. 24 No. 2 - 2020

• HK Technical Column

   

  • A Review of Recent Board of Review Cases

    Teresa Fung & Percy Wong

     

  • The Taxing and Spending Powers of The Hong Kong Government

    Michael Littlewood

     

  • Charities and Taxation – Evolving Practices of the Hong Kong Inland Revenue Department and Strategies for Charities

    Philp Hung & Felix Tsang

   

• PRC & International Technical Column

   

  • 增值稅專用發票電子化對企業運營的影響探討

    郭萍，黄毓，樊幸幸

   

  • Will multinational companies be able to guaranty a profit to their limited risk subsidiaries in 2020?

    Anthony Tam, Frédéric Barat & Frédéric Lubczinski

   

  • BEPS 2.0 – Pillar 2

    Jesse Kavanagh

   

  • Rethink Transfer Pricing under BEPS 2.0: Business Ethics of MNEs through the Lens of Adam Smith

    Enoch Hsu

   

   

  Vol. 24 No. 1 - 2020

• HK Technical Column

   

  • A Review of Recent Board of Review Cases

    Jody Wong & Percy Wong

     

• PRC & International Technical Column

   

  • Mainland China Issued Individual Income Tax Related Policies to Improve the Talent Mobility in the Greater Bay Area

    Jessica Ma & Aimee Li

   

  • Exploring Internal Enablers of Workforce Agility in Tax Consulting Services Big-Four Practitioners’ Perspective

    P V Thayyib & Mohd Asif Khan

   

  • BEPS 2.0: Reshaping the International Tax Landscape and What this Means for Businesses

    Martin Richter & Zakariya Modan

   

• Article of Interest

   

  • Belt & Road Column

   

  • Capital Gains in Fiji: Legislative Framework and Key Issues

    Gaurav Shukla & Suesh Kumar Pandey

   

• Budget Column

   

  • 2020-21 Budget Proposals

    TIHK

     

  • 2020-21 Budget Commentaries

    TIHK

   

   

  Vol. 23 No. 2 - 2019

• HK Technical Column

   

  • A Review of Recent Board of Review Cases

    Jody Wong & Percy Wong

     

  • Taxation of Carried Interest - View from Hong Kong

    Nigel Hobler & Darren Bowdern

   

  • “BEPS 2.0” and the Future of Intra-Group Financing in Hong Kong

    Gwenda Ho & Peter Brewin

   

  • A critical Assessment of the Hong Kong Inland Revenue Department’s Revised Departmental Interpretation and Practice Note No. 28 on the Deductibility of Foreign Tax

    Stefano Mariani

   

  • The “Unified” Fund Exemption Regime in Hong Kong

    Roy Phan

   

• PRC & International Technical Column

   

  • The Impact of Tax-related Incentives on Innovation: Evidence from China

    T. Y. Leung, Jody Wong & C.Y.J. Liu

   

  • 簡評台灣境外資金課稅概況暨新境外資金匯回專法介紹

  徐丞毅 & 黃蓉

   

• Articles of Interest

   

  • Belt & Road Column

   

  • Overview of Tax Rules in Uzbekistan

    Doniyorbek S Zulunov

   

  • Article

   

  • Optimise Your Risk Identification and Management Processes by Blending External Company Information with Your Own Tax Data

    Maqbool Lalljee

   

  Vol. 23 No. 1 - 2019

• HK Technical Column

   

  • A Review of Recent Board of Review Decisions

    Teresa Fung & Jody Wong

     

  • New Tax Deduction of Three Additional Types of Intellectual Property Rights Reignites the Controversies Surrounding Sections 16EC(4)(b) and 39E(1)(b)(i) of the Inland Revenue Ordinance

    Patrick Kwong

   

  • Cost of Information and Life under the New Transfer Pricing Regime

    Enoch Hsu

   

  • The Uneasy Relationship between Permanent Establishments and Section 14 of the Inland Revenue Ordinance

    Stefano Mariani

   

• PRC Technical Column

   

  • Managing China Customs and Trade in the Era of a New Global Trade Order and Industry 4.0

    Derek Lee, Iris He & Trista Li

   

• International Technical Column

   

  • Tax Litigation and the System of Appeal in Pakistan

    Bilal Hassan

     

  • Rising Global Tax Controversies – A Business’s Best Plan for Managing Tax Controversies amid Greater Transparency and Scrutiny

    Chung-Sim Siew Moon

     

• Belt & Road Column

   

  • Mauritius: An Investment Gateway to Africa for Chinese Companies

  Anthony Tam & Roomesh Ramchurn

   

• Budget Column

   

  • 2019-20 Budget Proposals

    TIHK

     

  • 2019-20 Budget Commentaries

    TIHK

   

  Vol. 22 No. 2 - 2018

• HK Technical Columns

   

  • A Review of Recent Board of Review Cases

    Teresa Fung & Percy Wong

     

  • Positioning Hong Kong to Collaborate with the Greater Bay Area

    Jeremy Choi & Anita Tsang

   

  • Hong Kong Tax Rules on Intellectual Property: Driving Growth or Driving in the Wrong Direction?

    Edwin Bin

   

  • Taxation of Charities in Hong Kong – Pressure for Change?

    David Smith

   

  • Taxation of Initial Coin Offerings – View from Hong Kong

    Nigel Hobler

   

• PRC & International Technical Column

   

  • Development of the Determination of Beneficial Owners in China

    Carol Liu & Joice Wang

   

• Belt & Road Column

   

  • A General Overview of Singapore’s Tax System

  Sivakumar Saravan & Liew Kin Meng

   

• Letters to the Editors

 

• Onus of Proof Lies with the Taxpayer - But IRD is Making It Hard

  Lusan Hung

   

• Is Two-Tiered Profits Tax System Really Beneficial To SMES?

  Michael Chung

   

• Some Observation about the IRD’s Recent Practice

H.W.T.

Vol. 22 No. 1 - 2018

• HK Technical Columns
  • A Review of Recent Board of Review Cases
    Jody Wong & Percy Wong
  • Potential Issues for Hong Kong’s R&D Tax Incentive Policy Formulation
    Roger Di
  • New Hong Kong Transfer Pricing Rules
    Wengee Poon & Deborah Li
• PRC & International Technical Column
  • CRS and Exchange of Information Development in Taiwan
    Lin Yishian
• Articles of Interest
  • Belt & RoadColumns
  • Israel: An Increasingly Important Trading Partner for China and Hong Kong
    Carol Lam & Abigail Li
  • Investing into Indonesia
    John Lauwrenz
  • Article
  • Income and Capital
    David Goldberg QC
• Budget Column
  • 2018-19 Budget Proposals
    TIHK
  • 2018-19 Budget Commentaries
    TIHK
• Letters to the Editors

• IRD, please be Fair to Taxpayers
  Lusan Hung
• Certainty vs Uncertainty
  Tracy Pu
• Recommendations on Circular 88
  Nancy Guan

Vol. 21 No. 2 - 2017

• HK Technical Column
  • A Review of Recent board of Review Cases
    Teresa Fung & Percy Wong
  • Punishment Promotes Compliance: What do the Researchers Say? A Case study of Hong Kong. 
    Betty Kwok
  • A 20-year Review of Hong Kong’s Tax System and the Way Forward
    Anita Tsang & Fergus Wong
  • Source, Residence, and the Future of Hong Kong Tax
    Stefano Mariani
• PRC Technical Column
  • 如何利用個人所得稅改革為中國構建更和諧的社會
    龔永德、何曉宜、王瑞
• International Technical Column
  • UK Residential Property and Non-Resident Owners
    Graham Moore
  • Legal Ownership of Intangible Assets versus Economic Substance
    Anthony Tam
• Belt & Road Columns
  • Thailand – Moving towards a More Attractive Tax Regime
    Wirat Sirikajornkij
  • Investing in Malaysia
    Ong Guan Heng & Florence Tan
  • Doing Business in Vietnam
    Jessica Ma & Heron Yang
  • Tax Incentive under the Belt and Road Initiative
    Dicky To & Steven Wong

Vol. 21 No. 1 - 2017

• HK Technical Column
  • Lessons Learnt from Recent Board of Review Decisions
    Teresa Fung & Jody Wong
  • Addressing Housing Affordability through “One Person, One Flat” Tax
    Stephen Ching
  • A critical Assessment of the Inland Revenue Department’s Revised and Updated Guidance on the Tax Consequences of Company Amalgamations
    Stefano Mariani
  • Hong Kong’s Responses to BEPS – Implications for the Territorial Profits Tax System
    David Smith
• International Technical Column
  • Looking at Devolution of ‘VAT on Services’ in Fiscal Federalism - A Case of Sindh Revenue Board
    Najeeb Memon
  • Sovereign Immunity and Tax Treaties: A Comparative Analysis of the Taxation of Sovereign Wealth Funds in Singapore, Malaysia, and Australia
    Sally-An Joseph
  • FATCA Update
    Josh Maxwell
  • Taiwan's Reaction to Tax Challenge of E-Commerce
    Stefan, Shih Chou, Huang
• Budget Column
  • ACCA Hong Kong Budget Submission 2017/18
    ACCA
  • 2017-18 Policy Address cum Budget Submission
    HKGCC
  • Tax Policy and Budget Proposals 2017-18
    Joining the Dots… Connecting the Tax System with the Needs of the Economy and the Community
    HKICPA
  • 2017-18 Budget Proposals & Commentaries
    TIHK

Vol. 20 No. 1 - 2016

• HK Technical Column
  • A Critical and Comparative Assessment of the Utilisation of Losses in Company Amalgamations
    Stefano Marini
  • A Review of Recent Board of Review Cases
    Jody Wong & Percy Wong
• PRC Technical Column
  • The Chinese IIT Liability of Foreign Director and Senior Manager on Directors' fees
    Qingyang Wang & Zhou Mi
  • A 360-Degree Look: How China’s New EIT Incentive Rules Can Encourage R&D Activities in China
    Daniel Chan, Windson Li & Hengka (Henry) Ji
• International Column
  • The Use of Discretion in the GST Regime of Pakistan
    Bilal Hassan
• Belt & Road Column
  • Be Ready for Taxation in the United Arab Emirates
    Tobias Lintvelt & Franky Ting
  • Doing Business in Russia
    Vladimir Abramov

Vol. 19 No. 2 - 2015

• HK Technical Column
  • A Review of Recent Board of Review Cases
    Jody Wong & Percy Wong
• PRC Technical Column
  • Localisation of BEPS Transfer Pricing Recommendations in China
    - Consultation Draft of “Implementation Measures for Special Tax Adjustments”
    Kenny Wei, David Chamberlain & Carol Cao
• Features
  • FATCA: What it Is, What it Isn’t, and What’s Next
    Josh Maxwell
  • Hong Kong Continues to Enhance its Information Exchange on Taxation Matters – A Stocktake
    Adrian Sawyer
• Budget Column
  • ACCA Hong Kong Budget Submission 2016/17
    ACCA
  • 2016-17 Policy Address cum Budget Submission
    HKGCC
  • Tax Policy and Budget Proposals 2016-17
    A Modern Tax System, a Stronger Economy and a Closer Community
    HKICPA
  • 2016-17 Budget Proposals
    TIHK
  • 2016-17 Budget Commentaries
    TIHK

Vol. 19 No. 1 – 2015

• HK Technical Column
  • A Review of Recent Board of Review Decisions
    Jody Wong & Percy Wong
  • Aviation Fuel Supply Company Limited v CIR — Dismissal of Appeal Due to Concern for “Unfairness” to the Taxpayer
    Karina Wong & Anthony Luk
  • The OECD’s Approach to Tackling Treaty Shopping and Its Impact on Hong Kong
    Cherry Lam & Joshua Colman
  • The Taxation of Grants, Subsidies and Similar Financial Assistance in Hong Kong
    Stefano Mariani
• PRC Technical Column
  • Transformation of Manufacturing Business in Southern China in the Changing Tax Environment: Opportunities and Challenges
    Jeremy Choi & Emily Chak
• International Technical Column
  • Tax, Governance and Administration: Challenges and Opportunities in China, Indonesia and Thailand
    Chris Evans & Sally-Ann Joseph
  • Divergence in Effective Tax Rates: Evidence in Malaysian Listed Firms
    Ravichandran K. Subramaniam & Thenesh Kannaa
• Features
  • ACCA Hong Kong Budget Submission 2015/16
    ACCA
  • 2015–16 Policy Address cum Budget Submission
    HKGCC
  • Tax Policy and Budget Proposals 2015–16
    Planning for Hong Kong’s Future
    HKICPA
  • 2015–2016 Budget Proposals
    TIHK

Vol. 18 No. 1 — Spring/Summer 2014

• HK Technical Column
  • Lesson Learnt From Recent Board of Review Decisions
    Samuel YS Chan & Helen SM Wong
  • Can the Issuance of a Protective Assessment Extend the Six-Year Time Limit for a Section 70A Claim?
    Patrick Kwong & Kathy Kun
• PRC Technical Column
  • Transfer Pricing for China’s Outbound Investment in an Anti-avoidance Context
    Kenny Wei & Wei Wang
• International Technical Column
  • Presumptive Taxation under Pakistan’s Income Tax
    Bilal Hassan
• Features
  • Ushering in the “Age of Transparency”
    Martin Richter

Vol. 17 No. 2 — Autumn/Winter 2013

• HK Technical Column
  • Review of Recent Board of Review (Inland Revenue) Decisions
    Godwin Ng
  • A Final Answer on The Tax Treatment of Unrealized Gains
    Wilson Cheng & Ada Ma
• PRC Technical Column
  • Examining China’s Transfer Pricing Regime within the Context of the OECD’s BEPS Action Plan
    Cheng Chi, Ho Yin Leung & Eden Yamaguchi
  • How is China’s VAT Reform Progressing?
    Sarah Chin & Polly Wan
• International Technical Column
  • New Canada/Hong Kong Double Tax Agreement: Comments on Selected Aspects
    Michael Cadesky & Grace Chow
• Features (Budget Submission)
  • ACCA Hong Kong Budget Submission 2014/15
    ACCA
  • 2014–15 Policy Address cum Budget Submission
    HKGCC
  • Tax Policy and Budget Proposals 2014–15
    Facing Hong Kong’s Challenges
    HKICPA
  • 2014–2015 Budget Proposals
    TIHK
• Main Article
  • General Anti-Avoidance Rule Experiences
    David Russell

Vol. 17 No. 1 — Spring/Summer 2013

• HK Technical Column
  • 27th Vol. of Decisions of the Board of Review (Inland Revenue)
    Godwin Ng
  • Special Measures on Stamp Duty for Hong Kong Property Transactions
    Davy Yun & Doris Chik
• PRC Technical Column
  • Chinese Anti-tax Avoidance Measures in Action
    Matthew Mui, Fergus Wong & Joyce Qian
  • Circular 165: China’s Most Recent Guidance Concerning the Meaning of “Beneficial Owner”.
    Yi Ying Cheng, Yiu Hong Chung & Leonard Teik Gin Khaw
• International Technical Column
  • Marketing Intangibles — An Increasing Area of Focus in Transfer Pricing
    Shanto Ghosh, Neeta Punjabi & Rahul Tomar
• Features
  • Charting The Future: How is Hong Kong Responding to International Pressure for Enhanced Transparency, Cooperation, and Information Exchange on Taxation Matters?
    Adrian Sawyer

Vol. 16 No. 2 — Autumn/Winter 2012

• HK Technical Column
  • Commentary of Recent Board of Review Decisions
    Godwin Ng
  • Tax Treatment of Unrealised Gains and Losses in Hong Kong
    Wilson Cheng & Ada Ma
  • Lesson from Li and Fung (Trading) Limited Case Decided by the Court of Appeal
    Samuel Chan & Daniel Cheung
  • Exchange of Information — Is the Right of Taxpayers to Privacy and Confidentiality of Information Adequately Protected under Current Safeguards?
    Patrick Kwong & Kathy Kun
• PRC Technical Column
  • Licensing Intellectual Property to China — Transfer Pricing Challenges
    Cheng Chi, Ho-Yin Leung & Mimi Wang
  • Assessment of Beneficial Ownership in China
    Lawrence Cheung & Carol Liu
• International Technical Column
  • Reigning Tax Discretion: A Case Study of VAT in Bangladesh
    Ahmed Munirus Saleheen
• Features
  • ACCA Hong Kong’s Budget Submission 2013/14
    ACCA
  • Tax Policy and Budget Proposals 2013–14
    Nurturing the Future of Hong Kong
    HKICPA
  • Policy Address cum Budget Submission
    HKGCC
  • 2013–14 Budget Proposals
    TIHK

Vol. 16 No. 1 — Spring/Summer 2012

• HK Technical Column
  • Lessons from Recent Board of Review Decisions
    Teresa Fung & Jody Wong
  • New legislation in respect of tax deductions for intellectual property rights — its provisions and controversies
    Tracy Ho & Patrick Kwong
  • From bad to worse — The non-deductibility of bad debts in Hong Kong
    Nigel Hobler & Conrad Turley
• PRC Technical Column
  • Permanent Establishment Arising from Services and Secondment Arrangements in China
    Hong Ye, Qi Wei Chen & Jie Shao
• International Technical Column
  • A Qualitative Evaluation of Income Tax designs for the Informal Economies in Pakistan and Thailand
    Najeeb Memon
• Features
  • To APA or not APA? Practical Considerations for the Tax Director and CFO
    Colin Farrell, Cecilia Lee & Deborah Li
  • Hong Kong’s Advance Pricing Agreement
    Martin Richter & Patrick Cheung
  • Developments in China’s Advance Pricing Agreement Programme
    Anthony Tam
• Main Articles
  • Understanding Tax Compliance in Malaysia: The Significance of Fairness, Enforcement Risk personality and Taxpayer Type
    Ern Chen Loo & Margaret McKerchar
  • Trends in Tax Reform
    Graeme S Cooper

Vol. 15 No. 2 — Autumn/Winter 2011

• HK Technical Column
  • Commentary of Recent Board of Review Decisions
    Godwin Ng
  • Issues Hong Kong Faces when Negotiating and Implementing Double Taxation Agreements
    Jo-An Yee & Mark Forrester
  • Contemporary Tax Issues Arising from Recent Court Decisions
    Samuel Chan
  • Should the Hong Kong Tax Authority Rethink and Clarify how to Follow the “Tax Follows Accounting” Principle?
    Davy Yun & Kelvin Mak
•  PRC Technical Column
  • China’s Turnover Tax Regime on Outsourcing and Cross-border Services
    Bolivia Cheung, Maggie Mao & Amy Huang
  • Non-China Tax Resident Enterprises: Eyes on Tax Issues Due to Service Rendered to
    Daisy Kwun
  • Foreigners’ and Hongkongers’ Participation in China’s Social Security System
    Angie Ho, Maggie Chen & Wendy Wang
• International Technical Column
  • Effective Information Sharing: A Case Study of The Cook Islands And Its Tax Information Exchange Agreements
    Bradley Moore & Adrian Sawyer
•  Features
  • Division amidst Diversity: The Customs-Transfer Pricing Nexus in Asia
    Alex Capri & Kari Pahlman
  • Growing Concerns: Indirect Equity Transactions in China
    Anthony Tam & Shanice Siu
  • Watch out for Chinese Outbound Investments
    Anthony Tam & Shanice Siu

Vol. 15 No. 1 — Spring/Summer 2011

• HK Technical Column
  • Commentary on Recent Board of Review Decisions
    Godwin Ng
  • Hong Kong Special Stamp Duty: Issues and Alternatives
    Wong Lok-king, King & Yung Kai-hong, Patrick
• PRC Technical Column
  • Tax Structuring Considerations for Chinese Outbound Investments — Pitfalls and Opportunities
    Chris Xing & Yvette Chan
  • Advance Pricing Arrangements — A Risk-Management Tool for Business Restructuring?
    Helen Chan & Cecilia Lee
  • The Evolving Transfer Pricing Landscape in China — Challenges for High-Tech Companies in China
    Cheng Chi, Ho Yin Leung & Robert Xu
• International Technical Column
  • Islamic Finance in Australia: Methods of Tax Reform
    Brett Freudenberg & Mahmood Nathie
  • Revisions to the OECD Transfer Pricing Guidelines and Their Implications for Transfer Pricing Analysis
    Shanto Ghosh, David Grecian, Paul Riley & Marc Simpson
• Features
  • ACCA Hong Kong Recommends Tax Measures to Build a Favourable Business Environment
    ACCA
  • HKGCC Response to Budget Proposals
    HKGCC
  • The Chamber’s Response to the Revised Budget Proposals
    HKGCC
  • Hong Kong Institute of CPAs Says Government’s Budget Wins Marks for Community Care but Lacks Measures on Business
    HKICPA
  • 2011/2012 Budget Commentaries
    TIHK

Vol. 14 No. 2 — Autumn/Winter 2010

• HK Technical Column
  • A Review of Recent Board of Review Decisions
    Godwin Ng
  • Is a Tax-Exempt Charitable Institution Really Tax Exempt in Hong Kong
    Davy Yun & Christine Sung
  • Whether a CDTA Can Import an Additional Assessing Power into the Inland Revenue Ordinance in Relation to Transfer-Pricing Adjustments
    Patrick Kwong
  • The Vexed Question of Source of Profits from Cross-border Processing Arrangements
    Samuel Y S Chan & Daniel K C Cheung
• PRC Technical Column
  • How the Changing Enterprise Income Tax Law Affects PRC Companies Investing Overseas
    Alan Tsoi & Derek Lo
  • Tax Deferral or Double Taxation of Chinese Outbound Investments? CFC & FTC
    Lawrence Cheung & Shanice Siu
  • The Impact of Import Tax on Leased Goods
    Susan Ju
• International Technical Column
  • Tax-avoidance in New Zealand: An Important Recent Court of Appeal Decision
    David Dunbar
• Features
  • Chinese Tax Authorities Issue Practice Guidance on Implementing the China-Singapore DTA
    Chris Xing, Tracy Zhang, Yong Yong Ng & Wee Leng Lee
  • Double Taxation of Employees in Hong Kong and the Mainland: Time for a Re-think?
    David Smith
  • Attracting Investments with Tax Treaties — An Analysis of Singapore’s Tax Treaty Policy
    Harvey Koenig

Vol. 14 No. 1 — Spring/Summer 2010

• HK Technical Column
  • Obtaining Stamp Duty Relief under Section 45 for Structures Involving a Partnership — A Possibility?
    Wilson Cheng
  • Commentaries on Recent Board of Review (Inland Revenue) Decisions
    Godwin Ng
  • Extending Measures on Stabilising the Hong Kong Property Market
    Yvonne Law & Alfred Chan
  • Debate on Depreciation Allowance Claims on Manufacturing Plant and Machinery Used in Import-Processing Arrangements
    Agnes Wong
  • Denial of Depreciation Allowances — Is There Equity in Tax Law
    Anthony Tam & Shanice Siu
• PRC Technical Column
  • The Tax Implications of Mergers and Acquisitions and Corporate Restructuring in China
    Danny Po, Danny Kwan & Eric Zhao
  • Recent Development in the General Anti-tax Avoidance Rules in China and Future Impacts on and Challenges for Offshore Investment Structuring
    Karmen Yeung & Daniel Hui
• International Technical Column
  • Re-igniting Export Incentives in Malaysia: Lessons from the Past
    Jeyapalan Kasipillai & Lydia Thiagarajah
• Features
  • Budget 2010: Shaping Singapore’s Economic Landscape for the Decade
    Tay Hong Beng & Caley Mac
  • The 2010 UK Emergency Budget — Hard Times
    Debbie Annells
• Main Article
  • Is the Income Tax Responsible for Large Informal Economies in Developing Countries?
    Najeeb Memon
  • Relief from Double Taxation: The “Subject to Tax” and Similar Terms in Singapore’s Domestic Tax Law and Tax Treaties
    Tan How Teck
• Book Review
  • A Review of the Book: Taxation Without Representation
    Author: Michael Littlewood, published by Hong Kong University Press, 2010
    Samuel Chan

Vol. 13 No. 2 — Autumn/Winter 2009

• HK Technical Column
  • A Review of Recent Board of Review Decisions
    Percy Wong
  • Decision of the Court of Final Appeal (CFA) in Shui On Credit Company Limited v. CIR
    Patrick Kwong
  • 2010/2011 Budget Submission
    TIHK
  • 2010/2011 Budget Commentaries
    TIHK
• PRC Column
  • An Overview and update on China VAT Regime & Export VAT Refund
    Bolivia Cheung, Alice Zhang & Philip Xia
  • New Regime for Non-Resident Taxation in China — Have you budgeted for additional cost
    Daisy Kwun & Rebecca Wong
  • Cost Sharing Agreements in China: Opportunities and Challenges
    Past, Present, and Future
    Lawrence Cheung, Victor Li & Jack Pan
  • Some Practical Problems and Concerns regarding China Corporate Income Tax Treatments for Corporate Restructuring under the Implementation of Circular Caishui [2009] No. 59
    Zeng Rongsheng
• International Technical Column
  • Malaysia’s Tax Response to Lower Greenhouse Gas Emissions
    Jeyapalan Kasipillai & Mei Yee Lee
  • The OECD’S Project on Harmful Tax Competition: The Brazilian Perspective
    Flavio F. T. Padilha
  • Ethics and Integrity in Tax Administration
    Michael Walpole
• Features
  • Implications to Hong Kong of Adopting More Liberalised Tax Information Exchange Provisions
    Monica Pheny
  • The New World of Tax Information Exchange
    Jefferson P. VanderWolk

Vol. 13 No. 1 — Spring/Summer 2009

• Technical Column
  • Discussion of Recent Board of Review Case
    Monica Pheny
  • Tax Implications of Passive Income and Capital Gains derived by Hong Kong Companies from Mainland China
    Matthew Mui, Raymond Wong and Fergus Wong
  • Pre-requisites for General Anti-Avoidance Provisions of Section 61A—Lessons from the Court of Final Appeal Decision in the Ngai Lik Case
    Samuel Chan
  • Apportionment in Import Processing Arrangements—A Recent Court of Appeal Decision
    Samuel Chan and Daniel Cheung
• PRC Column
  • Tax Issues Faced by Offshore Funds Investing in the People’s Republic of China
    Rex Chan, Oliver Kang, David Kan and Terry Tam
  • Recent Changes to China’s Value-Added Tax and Business Tax Regimes
    Chun M Li
  • Implementation of a New Round of Tax Reform under a Structural Tax Reduction
    Gao Pei Yong
• International Technical Column
  • The Tax Implications of Leveraged Buyouts with Islamic Bonds
    Jeyapalan Kasipillai and Pak Mei-Sen
  • Paying Homage to Emperor Cash after your Acquisition—Taxes Can Help
    Chris Woo and Lim Chin Chin
• Features
  • Hong Kong Budget Proposals 2009/10
    ACCA Hong Kong
  • Proposals For The 2009–10 Budget
    HKGCC
  • Turning challenges into opportunities
    Budget Proposals 2009–10
    HKICPA
  • 2009/10 Budget Proposals
    TIHK
  • Chamber’s Response to 2009/10 Budget
    HKGCC
  • HKGCC’s Response to Supplementary Budget Measures
    HKGCC
  • Hong Kong Institute of CPAs Says Budget Could Do More to Soften the Impact of the Current Financial Crisis
    HKICPA
  • 2009/10 Budget Commentaries
    TIHK
  • The Disingenuous 2009–10 Budget
    Stephen Ching
• Main Articles
  • A Commentary and Critique on the New Tax Incentives for Research and Development in Singapore
    Poh Eng Hin and Clement Tan Kai Guan

Vol. 12 No. 2 — Autumn/Winter 2008

• HK Technical Column
  • Recent Board of Review Decisions: An Overview
    Aldous Mak and Teresa Fung
  • A Proposal for Reforming Appeals to the Board of Review
    Andrew Halkyard
  • Observation From A Recent Court of Appeal Decision on General Anti-avoidance Provision — Section 61A
    Samuel Chan and John Lee
• PRC Column
  • China Transfer Pricing 2008: Economic Downturn and Final Implementation Measures
    Patrick Cheung
  • Developments in processing trade in China since 2008
    Michael To, Newton Shum and Peter Law
• International Technical Column
  • Are Asia-Pacific Companies Effective in Managing Their Tax Burdens? A Global Analysis
    Namryoung Lee and Charles Swenson
• Features
  • A Carbon Tax to Address the Climate Change Problem
    Brian Andrew
  • Pollution Taxes to Protect the Environment
    Brian Andrew, Mary Kaidonis and Jane Andrew
  • Hong Kong and Green Taxes
    Bernand Chan
  • China’s Olympian Challenge from the Environment: Motor Vehicles and the Role of Taxation
    Bill Butcher
• Main Articles
  • The effect of External Advisors on the GST Compliance Costs of Businesses in Australia
    Dean Hanlon and Thaddeus Hwong

Vol. 12 No. 1 — Spring/Summer 2008

• HK Technical Column
  • Lessons from Recent Board of Review Decisions
    Samuel Chan & Jody Wong
  • The Stain of Spotless Services Spreads to Hong Kong: The Tai Hing Cotton Mill Case
    Jefferson VanderWolk
  • Ngai Lik Electronic Company Limited v. CIR — group transfer pricing arrangements successfully attacked under the general anti-avoidance provision of section 61A
    Patrick Kwong
  • How Powerful are the General Anti-Avoidance Provisions in Hong Kong? — An analysis of the Tai Hing, HIT, and other recent court cases
    Anita Tsang & Marcellus Wong
• PRC Column
  • Formula Apportionment — A Cure-all for International Tax Anarchy and Its Implications under China’s New Corporate Income Tax Regime
    Robert Halperin & Daniel Cheung
• International Technical Column
  • The Relevance of Accounting Standards and Commercial Principles in Recognising Intangible Assets in the Tax Consolidation Process
    Les Nethercott
• Features
  • Hong Kong Budget Submission 2008/09
    ACCA Hong Kong
  • Proposals For The 2008–09 Budget
    HKGCC
  • Threats and Opportunities: Hong Kong’s Olympian Challenges Budget Proposals 2008–09
    HKICPA
  • 2008/09 Budget Proposals
    TIHK
  • ACCA Hong Kong Welcomes Budget and Recommends Tax Measures to Build a Favourable Business Environment
    ACCA Hong Kong
  • Chamber Welcomes Financial Secretary’s 2008/09 Budget
    HKGCC
  • Ballooning Surplus Allows Pragmatic Concessions
    HKICPA
  • 2008/09 Budget Commentaries
    TIHK
  • The Visionary 2008–09 Budget
    Stephen Ching
  • The 2008/09 Budget: From Leaving Wealth with the People to Compliance with Article 107 of the Basic Law
    Tang Shu-hung
  • 2008–09 Budget commentary — A More “Balanced” Budget is Needed (Some Thoughts for the Middle Class)
    Lusan Hung & Percy Wong
  • Singapore Budget 2008 “Creating a Top Quality Economy, Building a Resilient Community”
    Shanker Iyer

Vol. 11 No. 2 -- Autumn 2007

• Hong Kong Technical Column
  • A Review of Selected Cases from Recent Board of Review Decisions
    Teresa Fung and Percy Wong
  • Business Profits — To What Extent The Work Done By Persons Other Than The Taxpayer Himself Is Relevant To Determine The Source of Profits?
    Samuel Y S Chan and John W S Lee
• PRC Column
  • The Future of Transfer Pricing in China
    Julian Hine and Elis Tan
  • Regulatory Changes in Bonded Processing — Challenges and Opportunities
    Susan Ju
• International Technical Column
  • Australian FDI In India — The Impact of Bilateral Tax Treaties
    Sunita Jogarajan
• Features
  • Developing a Strategy for Tax Reform
    Simon James
  • Unified China Corporate Income Tax Law Effective January 1, 2008 — Tax Accounting Considerations
    Brian Foley
  • The New Era in China Taxation: The Implementation Rules and Guidelines
    Ryan Chang and Anthony Tam
• Main Article
  • Degree of Understanding and Responsibility of Taxpayers on Collection and Payment of Sales Tax
    Jeyapalan Kasipillai and Deep Singh

Vol. 11 No. 1 -- Spring 2007

• Hong Kong Technical Column
  • Taxability of Income and Deduction of Expenses — Lessons from Some Board of Review Decisions
    Samuel Chan
  • The Popular 2007–08 Budget
    Stephen Ching
• PRC Column
  • Tax Implications of Cost Contribution Arrangements under the New Corporate Income Tax Law in China
    Daniel Cheung

• International Technical Column
  • GST and the Reverse Charge in New Zealand: A Review and Analysis of the Legislation and Revenue Guidelines
    Andrew J Maples
• Features
  • Hong Kong Budget Submission 2007/08
    ACCA Hong Kong
  • Proposals for the 2007–08 Budget
    The Hong Kong General Chamber Of Commerce
  • Budget Proposals 2007/08
    HKICPA
  • 2007/08 Budget Proposals
    The Taxation Institute of Hong Kong
  • ACCA HK Welcomes Budget and More Measures Could Help Strengthening Hong Kong’s Competitiveness
  • The Hong Kong Institute of CPAs says Budget Plan Long on Short Term Concessions Short on Long Term Tax Policy
  • 2007/08 Budget Commentaries
    The Taxation Institute of Hong Kong
• Main Article
  • Business Profits — To What Extent Can Interest Payable On Borrowed Funds Used to Pay Dividends Qualify For Deduction
    Andrew Halkyard & Samuel Chan

Vol. 10 No. 2 -- Summer 2006

• Hong Kong Technical Column
  • Tax Issues Associated with Plant and Machinery under Lease Agreements
    Alexandra Hui
  • A Review of Recent Board of Review Case
    Jody Wong & Percy Wong
• International Technical Column
  • Looking East — The Indian Tax System and Australian FDI
    Sunita Jogarajan
• Features
  • A Critical Review of the 2006 Consultation Document on Broadening the Tax Base in Hong Kong
    Tang Shu-hung

Vol. 10 No. 1 -- Spring 2006

• Hong Kong Technical Column
  • Carrying On Business in Hong Kong: An Offshore Experiment Gone Wrong
    Andrew Halkyard & Jacqueline Shek
  • Understanding the Accounting Standard on Income Taxes — Part 2
    Stephen Cardew
  • A Review of Recent Board of Review Decision
    Aldous Mak & Teresa Fung
• International Technical Column
  • Preventing Tax-avoidance Through Settlements/Transfers: A Comparison of Malaysian and Indian Laws
    Abdul Haseeb Ansari
• Features
  • Hong Kong’s Strategy to China’s Plan
    Stephen Ching
  • A Commentary on Hong Kong’s 2006/2007 Budget — “Hong Kong Outperforms Against Budget — But Underperforms Against Expectations”
    Guy Ellis
  • The 2006/07 Budget: Annual Fiscal Measures Versus Inherent Fundamental Issues
    Tang Shu-hung

Vol. 9 No. 4 -- Winter 2005

• Hong Kong Technical Column
  • Taxation Issues for REITs in Hong Kong - A Practical Perspective
    Yvonne Law & Angus Ho
  • The Relationship between Accounting Rules and Profiles Tax Computation
    Yvonne Law & Fergus Wong
  • General Anti-Avoidance Provisions: Lessons from Some Recent Board of Review Cases
    Samuel Y.S. Chan

• International Technical Column
  • Hong Kong Tax Reform, A Low Rate Indirect Tax Which Does Not Sacrifice Efficiency for Conformity
    Brian Andrew

• Features
  • Hong Kong Budget Submission 2006/07
    ACCA Hong Kong
  • Proposal for the 2006-07 Budget
    The Hong Kong General Chamber Of Commerce
  • Budget Proposals 2006/07
    Hong Kong Institute of Certified Public Accountants
  • 2006/07 Budget Proposals
    The Taxation Institute of Hong Kong

Vol. 9 No. 3 -- Autumn 2005

• Hong Kong Technical Column
  • A Review of Recent Board of Review Cases
    Percy Wong
  • ING Baring Securities (Hong Kong) Limited v. CIR - Should All Agents' Activities Overseas Be Attributed to Their Principals in Hong Kong for the Source Rule?
    Patrick Kwong
  • The Territorial Taxation Concept in Hong Kong - Is It User-Friendly?
    Kaushal Tikku and Gary Fung

• PRC Technical Column
  • The Tax Challenges for Hong Kong and Foreign Investors in China and How to Manage Them
    Jeremy Ngai and Danny Kwan
  • Reform of Foreign Exchange Regulations of Capital Investment by Foreign Investment Enterprise: The Past, Present & Future
    Anthony Tam and Yolanda Li

• International Technical Column
  • Reform of the Australian Personal Tax System
    Brian Andrew

• Features
  • "Not a Weapon of Mass Destruction": Can the Ramsay Approach Apply to the Inland Revenue Ordinance In Hong Kong?
    Andrew Halkyard

Vol. 9 No. 2 -- Summer 2005

• Hong Kong Technical Column
  • Reforming Hong Kong's Double Taxation Arrangement with Mainland China
    Cheng Kwok Yan Connie
  • Lessons from Recent Board of Review Cases
    Samuel Chan

• PRC Technical Column
  • Customs Exemption on the Importation of Capital Equipment
    John Robinson & Susan Ju
• International Technical Column
  • The Taxation of Trans-Tasman Cross-Border Property Investment
    David Dunbar
• Features
  • The Political Economy of Tax Reform in Hong Kong
    Prof Tang Shu-Hung

Vol. 9 No. 1 -- Spring 2005

• Hong Kong Technical Column
  • A Review of Recent Board of Review Decisions
    Aldous Mak & Teresa Fung
  • CIR v. Yung Tse Kwong - Taxability of a Contractual Severance Payment with Strings Attached
    Patrick Kwong

• PRC Technical Column
  • Is There a Space for Further Tax Reduction in China?
    Lingguang Bao
• International Technical Column
  • The Taxation Consequences of Adopting International Financial Reporting Standards in Australia
    Les Nethercott & Dean Hanlon
  • A Thin Capitalisation Regime for Foreign-Owned Banks Operating in New Zealand
    Andrew J. Maples
• Features
  • 2005/2006 Budget Commentaries
    The Taxation Institute of Hong Kong
  • A Commentary on Hong Kong's 2005/2006 Budget - "Back to the Future"
    Guy Ellis
  • Commentary on 2005-06 Budget
    Paul Chan

Volume 8 No.4 -- Winter 2004

• Hong Kong Technical Column
  • Understanding the Accounting Standard on Income Taxes - Part 1
    Stephen Cardew
  • Recent Development in "Source of Employment Income": Is the "Three-Factor" Test Still Applicable?
    Berin Chan
  • A Review of Recent Board of Review Cases
    Percy Wong
  • 2005/06 Budget Proposals
    The Taxation Institute of Hong Kong

• PRC Technical Column
  • Developing a Fringe Benefits Tax System for China in the 21st Century
    Ann Hansford, Margaret Mckerchar & Zhaohui Song
  • Taxation of Foreign Permanent Representative Offices in China: Past, Present, and Future
    Lingguang Bao
• International Technical Column
  • The Legacy of the OECD's Harmful Tax Practices Initiative: Implications for Australia and Vanuatu
    Justin Dabner
• Features
  • A Goods and Services Tax for Hong Kong: Issues and Concepts
    Rick Krever
  • The Singapore GST: A Possible Model for Hong Kong?
    Poh Eng Hin
  • Fiscal Performance and the Introduction of the Goods and Services Tax in Hong Kong
    Li Kui Wai

 Volume 8 No.3 -- Autumn 2004

• Hong Kong Technical Column
  • Source of Profits: The Practical Application of the Principle
    Fergus Wong
  • Recent Board of Review Cases: Lessons to Learn
    Daniel Ho & Brossa Wong
  • Latest Regulatory Development of Advance Pricing Arrangements in China
    Spencer Chong, Rhett Liu & Kevin Tsoi

• PRC Technical Column
  • Transfer Pricing Tax System in China: Rules and Procedures
    Lingguang Bao
• International Technical Column
  • Tax Aspects of US Mergers & Acquisitions: An Overview of Acquisitive Reorganisations
    David E. Rossi
• Features
  • Consultation Document on Estate Duty Review
    The Taxation Institute of Hong Kong
  • The Death of Estate Duty? The Case for Retention and Reform
    Andrew Halkyard & Wilson Chow
  • Retaining the Estate Duty
    Tang Shu-hung
  • An Alternative to abolishing Estate Duty
    Stephen Ching

Volume 8 No.2 -- Summer 2004

• Hong Kong Technical Column
  • Timing of the Taxability of Employees' Restrictive Share Award Schemes
    Patrick Kwong
  • Recent Board of Review Decisions: Review and Analysis
    Rebecca Luo & Pauline Wong

• PRC Technical Column
  • Transfer Pricing Documentation - An Effective Way to Manage Transfer Pricing Risks in China
    Spencer Chong, Rhett Liu & Wengee Poon
• Features
  • Globalisation and International Trends in Taxation
    Simon James & Adrian Sawyer
  • Towards Removing Tax-Induced Distortions to Investment Location: The Choice between International Competition and Co-ordination in Corporate Taxation
    Richard S. Simmons
  • Locational considerations in attracting multinational corporate regional headquarters: the relevance and role of tax law and tax incentives
    Justin Dabner

Volume 8 No.1 -- Spring 2004

• Hong Kong Technical Column
  • The Tax Treatment of Exchange Difference and its Relation to DIPN 40
    Patrick Ho
  • A Review of Recent Board of Review Decisions
    Aldous Mak & Teresa Fung
  • The Hong Kong Tax System - Is It Becoming Too Collection Driven?
    Debbie Annells

• PRC Technical Column
  • China Customs' Focus on Valuation in Related Party Transactions
    Gregory Nichols
• International Technical Column
  • The Japan - US Income Tax Treaty in Focus: Key Developments
    Peter H. Blessing & Itai Ran
• Features
  • The 2004/05 Budget: Business as Usual
    Tang Shu Hung
  • A Commentary on Hong Kong's 2004/05 Budget
    Guy Ellis
  • Can Fiscal Balance Be Restored in 2008-09?
    Stephen Ching

Vol. 7 No.4 -- Winter 2003

• Hong Kong Technical Column
  • Taxation of Unrealised Gains and Losses: The Impact of International Accounting Standard 39
    Andrew Halkyard
  • A Review of Recent Board of Review Cases
    Percy Wong
  • Mergers and Acquisitions - Hong Kong Tax Implications
    Kenneth Leung

• International Technical Column
  • Perspectives on the Equity Effects of a General Consumption Tax: A Literature Review
    Poh Eng Hin
  • Pertinent Aspect of Corporate Taxation in Thailand and Malaysia
    Jeyapalan Kasipillai and Mohamad Tayib

• Features
  • Budget Submission 2004/05
    The Association of Chartered Certified Accountants
  • Budget Proposals 2004/05
    Evolution and Innovation "Building Solid Foundations for the Future"
    Hong Kong Society of Accountants
  • 2004/05 Budget Proposals
    The Taxation Institute of Hong Kong
  • Proposals for the 2004/05 Budget
    The Hong Kong General Chamber of Commerce

• Main Article
  • The US Earnings Stripping Rules and Proposed Modifications
    Peter H. Blessing

 Vol. 7 No.3 -- Autumn 2003

• HK Technical Column
  • Taxation of Holiday Benefits from Employment in Hong Kong
    Samuel Chan
  • Repeal of the Tax Exemption for Holiday Benefits
    Patrick Kwong
  • Recent Board of Review Decisions: Review and Analysis
    Rebecca Luo and Pauline Wong

• PRC Technical Column
  • The Engines of China's Economic Development in the 21st Century: A Brief Introduction to Beijing, Shanghai, Tianjin, and Shenzhen, and the Existing Foreign Investment Policy of China
    Kevin Ng and George Zhao
  • Comments on Tax Stamps in PRC
    Yan chiwei, Rao Lixin and Zen Yaohui

• International Technical Column
  • Moderating the Distributive Impact of the Increase in the GST Rate in Singapore
    Poh Eng Hin
  • Macau Offshore Institutions: Opportunities and Challenges
    May Leung and Michael Chow

• Features
  • The New Step of Tax Reform - Basic Considerations新一輪稅制改革 : 基本設計思路
    Yang Zhigang 楊之剛
  • Comprehensive Tax Reforms in China on the Horizon
    Anthony Tam

• Main Article
  • Transfer Pricing in China: Is the SAT Ready to Take It to the Next Level?
    Robert Ackerman, Lisa Lim and Philip Anderson

Vol. 7 No.2 -- Summer 2003

• HK Technical Column
  • Hong Kong Profits Tax and Manufacturing in China
    Marcellus Wong and Samuel Barns
  • Tax Issues and Perspectives from Recent Board of Review Decisions
    Daniel Ho and Brossa Wong

• PRC Technical Column
  • China Introduces New Tax Administration Measures中國將逐步引入稅務檢查准入制度和納稅人信譽等級評定
    Petrina Tam and Jiang J.J. Kai 譚唐毓麗及江凱
    
    
  • New Opportunities and Challenges in the PRC Merger and Acquisition Regime: Regulatory and Tax Updates
    Becky Lai and Jeremy Ngai

• International Technical Column
  • "Securing Orders" and the Agency-Permanent Establishment in the ASEAN Model Tax Treaty
    Edwin van der Bruggen

• Features
  • Exchange of Information: A Higher Priority for Hong Kong Tax Policy?
    A Practical Look at the Tools Currently Available
    Simon Peat
  • The "Exchange of Information" Age and Its Implications for Hong Kong
    Anthony Tam and Patrick Ho
  • Offshore Centres and International Initiatives to Enhance Transparency and Information Exchange
    Colin Powell

Vol. 7 No.1 -- Spring 2003

• HK Technical Column
  • Inland Revenue Departmental Interpretation and Practice
    Notes No. 40: -Guidance or Misguidance
    Wilson W.S. Chow
  • A Review of Recent Board of Review Cases
    Percy Wong

• PRC Technical Column
  • Post-WTO: Planning for Investing in China's Wholesale and Retail Industries
    Lili Zheng and Andrew Zhu
• International Technical Column
  • New Tools for Corporate Reorganisations in Japan
    Hiroaki Sasaki, Sunie Oue and Duncan Adrain
  • Corporate Inversions: US Multinationals Going to the Beach
    Michele R. Zinn
  • Pre-US Immigration Personal Tax Planning
    Patrick Yip and Victor Yung

• Features
  • 2003/04 Budget - A Trend Changing Budget
    Yvonne Law
  • The Incredible 2003/04 Budget
    Stephen Ching
  • The 2003/04 Budget: The Battle to Solve the Structural Deficit Problem
    Tang Shu-hung

Vol. 6 No.4 -- Winter 2002

• HK Technical Columns
  • Stamp Duty - A Tax Easily Overlooked
    Yiu Yu Butt and Patrick Ho
  • Recent Board of Review Decisions: Review & Analysis
    Daniel Ho and Brossa Wong
• PRC Technical Columns
  • Policy Implications of the Tightening of the Tax administration around High-Income Individuals in China
    Edward Shum and Rebecca Lai
  • Tax Implications of the New Accounting Regulations for Foreign Investment Enterprises in the People's Republic of China
    Charles Leung and Jackey Wong
• International Technical Columns
  • Transfer Pricing in India - A Critical Analysis
    Keshav Jetsey

• Features
  • 2003/2004 Budget Proposals
    The Taxation Institute of Hong Kong
  • Highlights of Recent Tax Changes in Taiwan
    Heidi Liu and George Chou
  • Recent Tax Changes in Singapore
    Florence Tan-Nguyen
  • Malaysia: The Role of Tax-related Measures in the Years of Economic Downturn
    Frances Po

• Main Articles
  • The Arrowtown Case: Stamp Duty and the Ramsay Principle
    Winnie Chung and Michael Littlewood

Vol. 6 No.3 -- Autumn 2002

• HK Technical Columns
  • CIR v. Indosuez W I Carr Securities Ltd Source of Profits - Hinges on the Intriguing Issue of Agency
    Patrick Kwong
  • A Review of Recent Board of Review Cases
    Percy Wong
• PRC Technical Columns
  • The Impact of China's Accession to the WTO
    Becky Lai, Jeremy Ngai and Susan Ju
  • China Holding Companies - Best Practices and Critical Latest Developments
    Walter Tong and Vickie Tan
• International Technical Columns
  • US-owned Hong Kong Companies Manufacturing in China
    Patrick Yip and Sharon Lam
  • Hong Kong as a Centre of Wealth Management
    Debbie Annells
  • Distributing Profits to Canadian Shareholders - Beware of Adverse Tax Consequences
    Michael Cadesky and Elaine Pui

• Features
  • Thoughts on the Use of Accounting Principles to Determine Taxable Income: A Side Effect of Globalisation?
    Jefferson VanderWolk
  • The Relationship between Accounting Principles and Taxation: A UK Perspective
    Simon James

• Main Articles
  • Tax Consideration Regimes — Australia and Japan Compared
    Justin Dabner

Vol. 6 No.2 -- Summer 2002

• HK Technical Columns
  • Estate Planning, Controlled Companies and the Commissioner's Dilemma
    Andrew Lam and Michael Littlewood
  • A Review of Recent Board of Review Cases
    Percy Wong

• PRC Technical Columns
  • China Considers Corporate Income Tax Reform
    Wendy Guo
  • The Tax Audit Framework in China簡述中國內地稅務稽查程式
    Kai JJ Jiang and Xu Tao江凱及徐濤
• International Technical Column
  • Global Transfer Pricing Strategies for Multinational Enterprises: Implementing Transfer Pricing Policies and Procedures and Defending Them with Global Core Documentation
    Nick Raby and J. Joe Wu
  • Information Technology and India - An Overview
    Keshav Jetsey

• Features
  • Harmful Tax Practices: An Overview and Reflection
    William Cunningham
  • Harmful Tax Competition: Is There Anything Left to Discuss?
    Steven Sieker
  • You Have Been Warned! ?Continuing International Developments
    Lloyd Deverall and Richard Ellard
• Main Article
  • A Comparison of the Australian and Japanese Corporation Tax Reorganisation Rules
    Justin Dabner

Vol. 6 No.1 -- Spring 2002

• HK Technical Columns
  • The Incumbrance Faced by Couples under the Current Tax Legislation in Hong Kong
    Rose Yeung
  • A Review of Recent Board of Review Decisions
    Aldous Mak

• PRC Technical Columns
  • China Tax Considerations Regarding Foreign Invested Enterprises' IPO Restructuring
    Martin Lin
  • A Discussion of the Role and the Tax Reform of China's Wealth Tax System試論如何改革和完善我國的財產課稅制度
    Wang Huijun 王惠君
• International Technical Columns
  • A Review of the OECD Report on Corporate Tax Incentives for Foreign Direct Investment: Lessons for Developing Countries?
    Edwin van der Bruggen
  • Transfer Pricing: Do I need to be Concerned?
    Gary James
  • Trends in Corporate Restructuring and M&A in Japan with regard to the Introduction of the Consolidated Tax Filing System
    Hiroaki Sasaki and Megumi Ishihara

• Features
  • 2002/2003 Budget Commentaries
    The Taxation Institute of Hong Kong
  • Highlights of the 2002/03 Budget and a Comparison with Various Budget Proposals Made by Professional Bodies
    Samuel Chan
  • The 2002/03 Budget: A Critical Review
    Stephen Ching
  • 2002/03 Budget Commentary: Economic Growth vs. a Balanced Budget
    Yvonne Law
• News and Announcements
  • China's Tax Incentives for Foreign Investment Enterprises

Vol. 5 No.4 -- Winter 2001

• HK Technical Column
  • Another Pong Case ?A Different Subject Matter - S45, Stamp Duty Ordinance
    Thomas Lee and Danny Chan
  • A Review of Some Recent Board of Review Decisions
    Brossa Wong
• PRC Technical Column
  • Thoughts on the Reform of China's Central Taxes and Local Taxes完善我國中央稅與地方稅的構想
    Chen Yurong 陳玉蓉
  • The Function of Individual Income Tax in China: The Adjustment of Individual Income Distribution個人所得稅的重要作用在於調節收入分配
    Wu Aiqing 吳愛清
• International Technical Column
  • Asia-Pacific Cross-Border Transfer Tax Planning
    Michael H Shikuma
  • Tax Review 2001: Where to Now for New Zealand?
    Adrian J Sawyer
  • Reaching across Boundaries in Taxation Research: A Personal Perspective from the UK
    Margaret Lamb

• Features
  • 2002/2003 Budget Proposals
    The Taxation Institute of Hong Kong
  • Coping with the Recession: Singapore's Approach
    Tan How Teck
  • Equity Consideration of the Hong Kong Tax System
    Tang Shu-hung
• Main Article
  • Tax and Accounting: Two Concerns, One System? The Relationship between Accounting and Taxation Principles for Hong Kong Profits Tax
    Andrew Halkyard

Vol. 5 No.3 -- Autumn 2001

• HK Technical Column
  • A Controlled Company and Its Application
    Alexander Mak and Leo Wong
  • Business Attitudes Harden against New Taxes
    Ian K Perkin
  • Comments on Recent Board of Review Decisions
    Percy Wong
• PRC Technical Column
  • A Discussion on the Issues related to the Establishment of a Tax System to Protect the Environment in China關於在中國建立環保稅制問題的探討
    Du Meng Kun 杜萌昆
• International Technical Columns
  • New Zealand Moves towards International Tax Recovery Agreements
    Andrew MC Smith
  • Malaysia: A Re-examination of Source Rules in the Electronic Era
    Jeyapalan Kasipillai
  • E-business and Intellectual Property: The Problem of Income Characterisation in Hong Kong Content
    Colin Farrell
  • Taxation Issues in regard to "Carrying on a Business as an Owner of Ships in Hong Kong"
    Reynold Hung and Belinda Lee

• Features
  • Legislative Development of Transfer Pricing in China
    Agnes Lo
  • Korean Transfer Pricing Practice
    Brian Park
  • It's Wake-up Time ... India Introduces Transfer Pricing Legislation
    Hiresh Wadhwani

• Main Articles
  • The Ramsay Doctrine: Taxing the End Result
    Jefferson VanderWolk
  • Satisfaction and Loyalty of Tax Clients of Small-to-Medium CPA Firms: An Exploration of the Determinants
    Dennis W Taylor and Jeannette Ng

Vol. 5 No.2 -- Summer 2001

• HK Technical Column
  • Employee Share Option Benefits
    Samuel Chan
  • A Review of Some Recent Board of Review Decisions
    Brossa Wong

• PRC Technical Column
  • Export Processing Zone ?A Choice of Foreign Investments?
    Calvin Lam and Clara Yip
• International Technical Column
  • Legal Issues in Relation to Charter-Parties Entered into between Shipowners and Charterers
    Reynold Hung and Gary Fung
• Features
  • US Tax Issues Related to the Migration of Intellectual Property Offshore
    Lynn Kealy and Anthony Tong
  • International Licensing of Intellectual Property
    Nigel Eastaway
  • To Use or Not to Use Trade Marks? The Taxation of Royalty Income
    Andrew Halkyard

• Main Articles
  • The Possible Introduction of a Goods and Services Tax in Hong Kong
    Abe Greenbaum

• Book Review
  • A Review of Laws of Taxation in the Hong Kong SAR
    Tang Shu-hung

Vol. 5 No.1 -- Spring 2001

• HK Technical Columns
  • Asset-Backed Securitisation and Its Tax Implication in Hong Kong
    Patrick Ho
  • Comments on Recent Board of Review Decisions
    Percy Wong

• PRC Technical Columns
  • A Critical Consideration on the Value Added Tax Reform in China增值稅轉型問題的思考Li Xiang Ju李香菊

• International Technical Columns
  • Employee Share Option Plans ?Does Tax Matter?
    Gary James and Lusan Hung
• Features
  • 2001/2002 Budget Commentaries
    The Taxation Institute of Hong Kong
  • 2001/2002 Budget Summary and Comparison Table with Various Proposals Made by Professional Bodies
    Samuel Chan
  • 2001/2002 Budget: A Budget with No Surprises!
    Mandy Tam
  • New Accrual Framework for the Hong Kong SAR Government
    Peter Yu and Stephen C Bruce
  • Has the Budget Addressed the Deficit Problem?
    Stephen Ching
  • Cyclical and Structural Problems Hit Government Revenue, Says Business: Chamber Survey Reveals Substantial Opposition and Uncertainty on Consumption Tax Option
    Ian K Perkin

Vol. 4 No.4 -- Winter 2000

• HK Technical Columns
  • The Emerson Case
    Rose Yeung
  • A Review on Some Recent Board of Review Decisions
    Aldous Mak and David Tam
  • 2001/2002 Budget Proposals
    The Taxation Institute of Hong Kong
• PRC Technical Columns
  • Taxation Aspects of Research and Development Efforts in China
    Edward Shum and Dave Wong
  • Comparison of Two Operation Modes - Import Manufacturing and Contract Processing - Available to Foreign Investment Enterprises in China
    Eileen Sun and Jackey Wong
• International Technical Columns
  • The Difficulties of Achieving Tax Harmonisation: The Case of the European Union
    Simon James
• Features
  • Is Confidentiality a Thing of the Past? Recent OECD, and US Measures against Tax Havens
    Deborah Annells
  • Tax Havens Beware - International Development
    Lloyd Deverall and Richard Ellard
  • Offshore Financial Centes and "Harmful Tax Competition": Recent Developments
    Steven Sieker
  • Harmful Tax Practices: The OCED Perpective in Context
    Marika Toumi
• Main Articles
  • Tax Burdens around the World: How Do Asia Pacific Companies and Countries Compare?
    Joe Lu and Charles Swenson

Vol. 4 No.3 -- Autumn 2000

• HK Technical Columns
  • Challenges Faced by "Source" Principle in Hong Kong
    Betty Kwok
  • A Review of Some Recent Board of Review Decisions
    Brossa Wong
• PRC Technical Columns
  • What is the Rationale behind China's Reforms from Levies to Taxes? 中國的“費改稅”：究竟是為了甚麼﹖
    Peiyong Gao高培勇
• International Technical Columns
  • Strategic Development of the Malaysian Tax System
    Jeyapalan Kasipillai
  • Changes to Canadian Taxation of Non-Resident Trusts
    Michael Cadesky and Grace Chow
• Features
  • Tax Incentive in Hong Kong Are Lagging behind Those Available in Singapore
    Jim Fulton and Mandy Tam
  • Tax Incentives for High-Tech Industries Challenges of New Millennium
    Eva Yeung
  • The Importance of Tax Incentives in Attracting Foreign Direct Investment to Hong Kong: Some Recent Survey Evidence
    Richard S Simmons

Vol. 4 No.2 -- Summer 2000

• HK Technical Columns
  • The Pong Case: Final Encounter?
    Wilson W S Chow and Andrew C S Lam
  • Planning around section 24 at the Stamp Duty Ordinance
    Christian Stewart
  • Comments on Some Recent Board of Review Decisions
    Christina Ng
• PRC Technical Columns
  • Recent Development of VAT Regime in the PRC: A Critical Review
    Antony Ting
• International Technical Columns
  • Introducing a Broad-Based Consumption Tax - The Australian Experience
    Edwin Bin
• Features
  • China's Association of the WTO and Its Implications for the Chinese Economy
    Thomas M H Chan
  • The Impact of China's Accession to the World Trade Organization (WTO) on Its Tax System
    Marcellus Wong and Jeremy Ngai

Vol. 4 No.1 -- Spring 2000

• HK Technical Columns
  • A Review of Some Recent Board of Review Decisions
    Brossa Wong and Aldous Mak

• PRC Technical Columns
  • Tax Reduction: Feasible for China?
    Peiyong Gao
  • International Dimensions of Income in China: A Critique
    Kenny Z Lin

• International Technical Columns
  • The Deductibility of Interest Expense in the United Kingdom and Australia: A Tale of Two Contrasting Approaches
    Grant Richardson and Keith Kendall
• Features
  • Comments on the 1st Budget in the New Millennium
    The Taxation Institute of Hong Kong
  • 2000/2001 Budget Analysis: Budget Speech Buys Time for Significant Fiscal Reform
    Yvonne Law and Andrew Wong
  • Hong Kong Budget 2000: No Change or Change in Disguise
    Julian Lee
  • The 2000/01 Budget: Reaffirms the Importance of Financial Stability Objective
    Shu-hung Tang
  • Fiscal Deficits: A Structural or Cyclical Phenomenon
    Hon Eric Li Ka-cheung JP
  • Summary of the 2000/2001 Budget and Comparison Table with Various Proposals Made by Professional Bodies
    Samuel Chan and Betty Kwok
• Main Articles
  • Corporate Taxation and the Investment Location Decision of Multinational Corporations
    Richard S Simmons

Volume 3 No.4 -- Winter 1999

• HK Technical Columns
  • A Comparative Study of Double Taxation Arrangement in China with Conventional Models
    Daniel Ho and Antony Ting
  • A Review on Some Board of Review Decisions
    David Tam
  • 2000/2001 Budget Proposals
    The Taxation Institute of Hong Kong
• PRC Technical Columns
  • Taxation Issues Faced by Hong Kong Entities Deriving Service Fee Income in China
    Betty L M Chan
  • Categorization of Processing Enterprises in the PRC to Tighten Customs Control
    Antony Ting and Edwin Bin
  • Transfer Pricing in China - Audit Adjustments and their Implications
    Cassie Wong, Spencer Chong and Glenn Desouza
• International Technical Columns
  • US Tax Aspects of Cross-Border Mergers and Acquisitions
    Anthony Tong and Paul Ho
  • Tax Implications for Foreign Investment in Myanmar
    Darin Kobatake
• Features
  • Making Hong Kong a Greener City
    W Ping Leung
  • Tax Shifting - We Could Pay Less Tax and Protect the Environment
    David Cho
  • Green Taxes: Prospects and Challenges
    Eric Walker and Plato Yip
  • Environmental Accounting Reporting and Disclosure Practices in Hong Kong: A Call to the Accounting Profession
    Marinilka Kimbro
• Main Articles
  • Interaction of Tax Planning and Financial Reporting: Reaction of Canadian Corporations to the Taxation of Preferred Dividends
    Hussein A Warsame and Daniel B Thornton

 Volume 3 No.3 -- Autumn 1999

• HK Technical Columns
  • The Pong Case: Episode II
    Wilson W S Chow and Andrew C S Lam
  • Comments on Some Board of Review Decisions
    Samuel Chan and Christina Ng
• PRC Technical Columns
  • Tax Appeals Procedures in China
    Edward Shum
• International Technical Columns
  • Hong Kong Tax System - The Simplest Tax System in South East Asia?
    Yvonne Law and Constant Tse
  • VAT in New Zealand: The Experience of the Goods and Services Tax (GST)
    Andrew M C Smith
• Features
  • E-Commerce - Challenges and Opportunities
    Christina Lam
  • A Matter of Trust -The Development of WebTrust
    Andy Lee
  • From Ideas to Marketable Products and Services: The Financing of Innovation
    Paul Brockman
• Main Articles
  • An Analysis of the Taxation of Income from Capital in the Asian Region
    W R Singleton

Volume 3 No.2 -- Summer 1999

• HK Technical Columns
  • A New Era for Tax Investigation in Hong Kong
    Patrick K W Ho and Andy Y Ng
  • Comments on Some Board of Review Decisions
    Daniel Ho and Aldous Mak
• PRC Technical Columns
  • Taxation of International Transport and Shipping Companies Operating in Mainland China
    Wilson Kwok
• International Technical Columns
  • The Tax Sparing Provision in Singapore's Tax Treaty Policy - A Commentary
    Tan How Teck
  • Anti-Dumping Duties on PRC Exports to the European Union: Compliance and Planning
    Antony Ting and Edwin Bin
• Features
  • Tax Reform Seeking Politics: The Four Dimensions of Tax Policy-Making
    Kitty Poon
  • Consumption Tax - Is It Feasible in Hong Kong?
    Paul Chow and Dicky Fong
  • Consumption-Based Taxation in Hong Kong
    Hon Howard Young JP
  • A Broad-Based Consumption Tax for Hong Kong?
    David R Vos
• Main Articles
  • Gender Differences in Tax Compliance
    John Hasseldine
  • Anti-Avoidance in Hong Kong Estate Duty: From Kwok to Pong
    Wilson W S Chow and Andrew C S Lam

Volume 3 No.1 -- Spring 1999

• HK Technical Columns
  • A Tax Consideration Between Rental Refund and Home Loan Interest Relief
    Rose Yeung
  • Comments on Some Board of Review Decisions
    Daniel Ho and Christina Ng
• PRC Technical Columns
  • Hong Kong and PRC Tax Issues of Debt Restructuring
    Yvonne Law and Wilson Tam
  • Tax Audits on Foreign Investment Enterprises in China
    Terry Wang
• International Technical Columns
  • The Valuation and Transfer Pricing of Intellectual Property
    Nigel Eastaway
  • Tax Implication on Derivative Financial Instruments : A Malaysian Perspective
    Jeyapalan Kasipillai
• Features
  • Highlights of the 1999/2000 Budget and Comparison Table with various Proposals Made by Professional Bodies
    Betty Kwok and Shirley Kan
  • The Hong Kong Budget 1999/2000 Taxation Aspects
    K K So and Samuel Barns
  • Not Much Said By Donald in 1999/2000 Budget
    Jennifer Wong and Ian Jones
  • Comments on the Hong Kong 1999/2000 Budget
    Marcellus Wong
  • Hong Kong SAR Budget Strategy: Are We Headed in a New Policy Direction?
    Ian Perkin

Volume 2 No.4 -- Winter1998

• HK Technical Columns
  • What Constitutes a Change of Intention?
    Patrick Kwong
  • Hong Kong's Once - and Future? - Capital Gains Tax
    Michael Littlewood
  • Comments on Some Board of Review Decisions
    Christina Ng and Shirley Kan
  • 1999/2000 Budget Proposals
    The Taxation Institute of Hong Kong
• PRC Technical Columns
  • Oil Taxation in China -  Implications for Foreign Companies
    Kenny Z Lin
  • Implementation of Inheritance Tax in the PRC
    Alan B Davis and Sun Yong Jing
• International Technical Columns
  • The Tax Aspects of an Offshore Trust -  A Canadian Example
    Brandon Fahy and Ann Lau
• Features
  • Give Wholesale Sales Tax a Fair Hearing in Hong Kong
    Hon Eric Li Ka-cheung JP
  • Hong Kong Budget 1999/2000 -  A Preview
    Tim Lui
  • Tax Policy under Economic Recession in Hong Kong: Challenges for the 1999/2000 Budget
    Tang Shu-hung

Volume 2 No.3 -- Autumn1998

• HK Technical Columns
  • New Deductions for Hong Kong Income Tax
    Samuel Y S Chan
  • Advance Rulings System
    Sarah McGrath
  • Comments on Some Board of Review Decisions
    Shirley Kan and Christina Ng
  • Flexible Benefit Plan and Its Hong Kong Tax Implications
    Betty Kwok Yuk-sim
• PRC Technical Columns
  • Taxation of Services Provided by Foreign Enterprises in China
    Desmond Yeung and Pauline Zhang
  • Value Added Tax on Export - Impacts on Foreign Investment Enterprises
    Antony Ting and Edwin Bin
  • PRC Individual Income Tax - Its Recent Development in Law and Practice
    Charles Leung
• International Technical Columns
  • New Conduit Tax Relief Regime Introduced for Non-Resident Investors in New Zealand
    Andrew M C Smith
• Features
  • ORSO/MPF Interface - Options for Employers
    Joshua C S Ku
  • Taxation Aspects of Retirement Arrangements
    Phillip Mak
  • Mandatory Provident Fund - A Comparison of Hong Kong's Proposal with Schemes Currently Operated in Other Countries
    James Clemence and Caroline Beeton
• Main Articles
  • Accounting in Tax Law: Timing for Deduction
    Andrew C S Lam and Wilson W S Chow

Volume 2 No.2 -- Summer 1998

• HK Technical Columns
  • Recent Developments in Revenue Law
    Andrew Halkyard
  • Comments on Some Board of Review Decisions
    Christina Ng and Shirley Kan
  • New Relief for Professional Reinsurers
    Jimmy Chung
  • Tax Due Diligence
    Betty Kwok Yuk-sim
  • A Discussion of the Revenue's Investigative Power under the Inland Revenue Ordinance
    Samuel Chiu
• PRC Technical Columns
  • Deed Tax in China: What Are Its Implications for Foreign Investors?
    Brossa Cheung and Daniel Cheung
  • PRC Tax Implications for Hong Kong Service Companies Operation in the Mainland
    Alfred Choi and Oscar Lau
• International Technical Columns
  • Appeals to the Inland Revenue Board of Revenue - Is there a Need to Reform?
    Dora Lee
  • Simplified Equity Classification Rules Provide Flexibility to US Taxpayers in Organising Their Business Structures in Foreign Countries
    Paul Ho
• Features
  • Tax Issues Associated with Credit Derivatives
    Jeffrey May
  • Taxation of Financial Institutions in Hong Kong
    Andrew Ku
  • The Special Tax Treatments of Financial Institutions
    Patrick Ho

Volume 2 No.1 -- Spring 1998

• HK Technical Columns
  • Comments on Some Board of Review Decisions
    Shirley Kan and Christina Ng
  • Present Trends of Penalties Imposed by the Inland Revenue Department
    Rose Yeung
• PRC Technical Columns
  • Restructuring of Red Chips for Listing in Hong Kong
    Yvonne Law and Wilson Tam
  • Foreign Banking in China
    John Lee and Bolivia Cheung
  • Developments in China's Customs Duty Policies on Importation of Equipment by Foreign Investors
    Spencer Chong
• International Technical Columns
  • Tax and Electronic Commerce
    Jeffrey May and Suzanne Wat
  • Double Taxation Arrangement between PRC and Hong Kong -- Use of a Hong Kong Company in International Tax Planning
    Deborah Annells
  • Tax Treaties for Hong Kong
    Michael Cadesky and Grace Chow
• Features
  • A Summary of the 1998/99 Budget
    Shirley Kan
  • Comparison of the 1998/99 Budget with Various Proposals Made by Professional Bodies
    Samuel Chan and Betty Kwok Yuk-sim
  • Comments on the Hong Kong 1998/99 Budget
    Thomas Lee
  • The Hong Kong Budget 1998/99 -- A Generous Budget for a Lean Year?
    Henry Y Y Tang JP
  • A Budget That Has Breadth But Not Depth
    Christina Lam
  • The Hong Kong Budget 1998/99
    Sarah McGrath
  • Hong Kong Budget 1998/99 and Proposed Legislative Changes
    Jeffrey May
  • Hong Kong: Is the 1998/99 Budget Over Conservative?
    Tang Shu-hung
• Main Articles
  • Effects of Taxation and Rewarding Systems on Managerial Performance
    Mohamed E Ibrahim and Simon T W Leung

Volume 1 No.4 – Winter 1997

• HK Technical Columns
  • Recent Developments in Revenue Law
    Andrew Halkyard
  • Comments on Some Board of Review Decisions
    Christina Ng and Shirley Kan
  • Deduction of Severance Payments -- The Cosmotron Case
    Samuel Y S Chan
  • Change of Shareholding Interest: A Revisit of Sharkey v Wernher Principle on Chargeability of Notional Profits
    C K Lam
  • Profits Tax Review
    The Taxation Institute of Hong Kong
  • 1998/99 Budget Proposals
    The Taxation Institute of Hong Kong
• PRC Technical Columns
  • Due Diligence Reviews in China
    Cassie Wong
  • A Wholly Foreign Owned Trading Company in Free Trade Zone
    Antony Ting
  • Retail Business with Foreign Investment in the PRC
    Pauline Yim
• International Technical Columns
  • International Anti-Avoidance
    Nigel Eastaway
  • The Harmonisation of Corporate Taxation in the European Union: Over Thirty Years of Debate and Still a Long Way to Go
    Richard S Simmons
• Features
  • Taxation of International Airlines in Hong Kong
    Lloyd Deverall and Chris Ho
  • Aircraft Financing & Tax-based Leasing
    Johnny H Y Lau
  • Leveraged Leasing of Aircraft in Hong Kong
    Paul K Wood and Richard J I Stock

Volume 1 No.3 – Autumn 1997

• HK Technical Columns
  • Tax Audit Indicators
    Philip Hung
  • Issues Concerning Double Taxation and Tax Relief in Hong Kong after July 1997
    Alfred Chan Kwok-ki and Alan B Davis
  • Recent Changes in Tax Law and Practice
    Samuel Y S Chan
  • Source of Interest Income -- An Area of Uncertainty
    Daniel Ho and Shirley Kan
  • Comments on Some Board of Review Decisions
    Christina Ng
• PRC Technical Columns
  • Taxation Aspect of Mergers & Acquisitions of Foreign Investment Enterprises in the PRC
    Edward Shum
  • An Overview of Double Taxation on Cross-border Transactions between China and the Hong Kong Special Administrative Region
    Daniel K C Cheung
  • A Revisit on Customs and Tariff Exemption Policy: The Case for the PRC Foreign Invested Property Developers
    Wilson Kwok
  • PRC Tax Withholding -- An Overview from a Practical Perspective
    Betty Kwok Yuk-sim
• Features
  • Capital Gains Tax Does Not Suit Hong Kong
    Shih Wing-ching
  • Taxation of Real Property in China -- Implications for Return on Investment
    Joseph Fu
  • A Study of the Tax Considerations for Real Property Investment in some Asian-Pacific Countries
    Patrick Ho Kin-wai
• Main Articles
  • Hong Kong: Revenue Policy Under the British Administration
    Tang Shu-hung

Volume 1 No.2 -- Summer 1997

• Technical Columns
  • Unit Trust and Mutual Fund Corporations: A Tax Perspective in Hong Kong
    Daniel Ho & Shirley Kan
  • The Privy Council Decision on Wharf Properties Limited: Interest Deductions in Hong Kong
    Samuel Chan
  • Comment on Some Board of Review Decisions
    Christina Ng
  • Common Errors in Canadian Immigrant Tax Planning
    Michael Cadesky and Grace Chow
  • Unification of China's Income Tax Laws for Foreign Enterprises and Domestic Enterprises
    Daniel K C Cheung and Fusheng Zhang
  • Business Tax in China
    Brossa Cheung
  • Transfer Pricing in China
    Bill Chan and Spencer Chong
  • Individual Income Tax (IIT) for Foreign Expatriates Working in China
    Isabella Lam
• Features
  • The Development of the Region's Securities and Futures Markets in the Next Decade: The Role of Regulation
    Anthony Neoh, QC
  • PRC Taxation on Share Transactions
    Stephen Lee
  • Taxation of Share Options
    Michael Olesnicky
  • A Study on the Charge of Transfer Tax on Stock Transactions in Hong Kong as Compared with Some Asian-Pacific Countries
    Patrick Kin-wai Ho
• Main Articles
  • Managerial Tax Planning -- Principles and Applications (part 2)
    Daniel B Thornton

Volume 1 No.1 -- Spring 1997

• Technical Columns
  • Changes in Hong Kong Income Tax Law and Practice in 1996
    Samuel Y S Chan
  • Locality of Profits in Hong Kong: Recent Cases
    Daniel Ho and Shirley Kan
  • Comments on Some Board of Review Decisions
    Shirley Kan and Christina Ng
  • Chinese Holding Company
    Isabella Lam
  • Exemption of Tariffs on Import of Equipment and Materials by Foreign
    Daniel Cheung
  • Recent Developments in Taxation of Resident Representative Offices
    Brossa Cheung
• Features
  • A Summary of the 1997/98 Budget
    Patrick Ho and Aldous Mak
  • Comparison of Budget Proposals by Various Professional Bodies
    The Hong Kong Polytechnic University
  • Comments on the Hong Kong 1997/98 Budget
    Thomas Lee, Marshall H Byres and Petrina Tam
• Main Articles
  • Managerial Tax Planning -- Principles and Applications (part 1)
    Daniel B Thornton
  • Hong Kong Estate Duty: Basic Principles, Misconceptions & Planning Tips
    Peter Willoughby
    
    
    
    

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Asia-Pacific Journal of Taxation
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