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The Inland Revenue Department was established on 1 April 1947. Initially it administered only one piece of legislation, the Inland Revenue Ordinance, which was enacted on 3 May 1947.
Property Tax is levied on the income from the letting of immovable property in Hong Kong. Property tax carries an immaterial proportion of the revenue of the government. For the year of assessment 2013/14, property tax amounts to 0.01% of the total revenue. [4] The tax rules are straightforward and simple.
Official Receiver's Office (ORO, Chinese: 破產管理署) is a government department within the bureau. They are responsible for statutory functions relating to insolvency, by being the role of liquidator and trustee of last resort in the administration of both corporate and personal insolvency cases respectively.
The Government Secretariat is headed by the Chief Secretary of Hong Kong, who is the most senior principal official of the Government. The Chief Secretary and the other secretaries jointly oversee the administration of Hong Kong, give advice to the Chief Executive as members of the Executive Council , and are accountable for their actions and ...
The chief secretary formulates and implements government policy, gives advice to the Chief Executive as a member of the Executive Council, and is responsible for managing the Government's relationship with the Legislative Council and drawing up the Government's legislative programme. The office (“Department of Administration” per Article 60 ...
Principal officials (Chinese: 主要官員), according to the Basic Law, are government officials who are nominated by the Chief Executive and appointed by the State Council of the People's Republic of China. They include departmental secretaries and secretaries of policy bureaux.
Everyone's favorite time of year is right around the corner: Tax Day! Filing and paying taxes is a part of life for everyone who works in the U.S. Making sure you file your tax return correctly is...
Under Donald Tsang's re-organisation of the Government Secretariat in 2007, the Bureau was renamed the Constitutional and Mainland Affairs Bureau to reflect the Bureau's portfolio for coordination of the HKSAR’s relationship with the Mainland. In the re-organisation, the Bureau was also assigned portfolios relating to human rights and access ...
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