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Initially it administered only one piece of legislation, the Inland Revenue Ordinance, which was enacted on 3 May 1947. [ 2 ] The department subsequently absorbed various elements of the Treasury , including the Estate Duty Office (in 1949), the Stamp Duty Office (1956), and responsibility for collection of entertainments, bets and sweeps, and ...
In Hong Kong, it is IRD's general practice to issue Employer's Returns to Hong Kong Company in every April in the year. The employer is obliged to file the form within 1 month from the date of issue in order to notify IRD the amount of wages, salaries and other kinds of remuneration paid to the employees during the year of assessment ending 31 ...
Government revenue; Property tax equalization; Tax revenue; Non-tax revenue; Tax law; Tax bracket. ... The Inland Revenue Ordinance is one of Hong Kong's Ordinances.
The Government of the People's Republic of China (PRC), from which the Hong Kong government is financially independent, is responsible for Hong Kong SAR's defence and foreign policy, while decisions made by the Standing Committee of the National People's Congress can, in certain circumstances, override territorial judicial processes.
This is a list of government agencies of the Hong Kong Government. The policies of the government are formulated decided by the bureaux led by secretaries and permanent secretaries are discussed in the Executive Council and implemented by the departments and agencies.
President-elect Donald Trump listens to Elon Musk as he arrives to watch SpaceX's mega rocket Starship lift off for a test flight from Starbase in Boca Chica, Texas, Tuesday, Nov. 19, 2024.
Inland Revenue Department may refer to the following government departments responsible for taxation: Inland Revenue Department (Hong Kong) Inland Revenue Department (Nepal) Inland Revenue Department (New Zealand) Inland Revenue Department (Sri Lanka), housed in Clan House, Galle
Under Commissioner of Inland Revenue v George Andrew Goepfert, [11] the following factors must be taken into account to determine where the source of income arises for an employment (whether inside or outside the territory): where the contract of employment was negotiated, entered into and is enforceable; where the employer is resident; and