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Water supply and sanitation in Hong Kong is characterized by water import, reservoirs, and treatment infrastructure. Though multiple measures were made throughout its history, providing an adequate water supply for Hong Kong has met with numerous challenges because the region has few natural lakes and rivers, inadequate groundwater sources (inaccessible in most cases due to the hard granite ...
The Water Supplies Department (WSD; Chinese: 水務署) is the department under the Development Bureau of the Government of Hong Kong of the People's Republic of China providing a reliable and adequate supply of wholesome potable water and sea water to customers in Hong Kong.
A property tax known as "rates" has been levied in Hong Kong since 1845. The tax applies to ... the reductions were set at 7.5% and 15% for unfiltered water supply ...
The wages and incomes received from employment are subjected to tax. Income tax rate in Hong Kong is 2% when net taxable income is from 1 to 50,000 Hong Kong dollars, 6% when net taxable income is between 50,001 and 100,000 Hong Kong dollars, 10% when net taxable income is between 100,001 and 150,000 Hong Kong dollars and 14% when net taxable ...
IRO Section.20A Consignment Tax. IRO Section.22 Assessment of partnerships. IRO Section.24 Clubs, trade associations, etc. IRO Section.25 Deduction of property tax from profits tax. Any person's HK property tax payable can be set off by the same HK profit tax payable. IRO Section.26A Exclusion of certain profits from tax
Hong Kong's government, owner of one of the world's largest currency reserves, should consider amending its tax code to let companies transfer losses among units, so that it can maintain the ...
The IRD is responsible for the administration of the following Hong Kong ordinances on taxes and duties and the related rules and regulations: Betting Duty Ordinance Cap.108; Business Registration Ordinance Cap.310; Estate Duty Ordinance Cap.111; Hotel Accommodation Tax Ordinance Cap.348; Inland Revenue Ordinance Cap.112; Stamp Duty Ordinance ...
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