Hong Kong Tax Breaks To Support Financial Center

Started by edward222, April 07, 2015, 10:58:30 PM

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edward222

According to Offshore News Flash: http://www.offshorenewsflash.com/2015/04/01/hong-kong-tax-breaks-to-support-financial-center/

QuoteHong Kong's Secretary for Financial Services and the Treasury, K C Chan, has described the various tax policies that the Government intends to pursue in the coming year.

As part of his testimony before the Legislative Council (LegCo) Finance Committee special meeting on the 2015-16 Budget, Chan stressed that the Government is proactively "developing Hong Kong into a full-fledged fund and asset management service center."

In particular, he reminded the Committee that detailed legislative proposals are being formulated to introduce a new open-ended fund company structure to attract more funds to domicile in Hong Kong. In addition, a bill introduced on March 25 this year will extend the profits tax exemption for offshore funds to private equity funds, with a similar expectation that more private equity funds will then expand into Hong Kong.

He also confirmed that a bill will be introduced into the LegCo, in the next legislative session, that will amend the tax code to allow interest deductions under the profits tax regime for corporate treasury centers and halve profits tax for specified treasury activities.

How I wish US will be like Hong Kong  :wink:
US government are so focused on war...  :sneaky:

supsalemgr

Quote from: edward222 on April 07, 2015, 10:58:30 PM
According to Offshore News Flash: http://www.offshorenewsflash.com/2015/04/01/hong-kong-tax-breaks-to-support-financial-center/

How I wish US will be like Hong Kong  :wink:
US government are so focused on war...  :sneaky:

Two separate issues. However, please embellish how the current administration is focused on war.
"If you can't run with the big dawgs, stay on the porch!"

edward222

Quote from: supsalemgr on April 08, 2015, 04:29:03 AM
Two separate issues. However, please embellish how the current administration is focused on war.

We can see it all,
The economy is slow, wage is low, he's to focused on war
Obama is a bleeding heart liberal.

supsalemgr

Quote from: edward222 on April 08, 2015, 07:46:32 PM
We can see it all,
The economy is slow, wage is low, he's to focused on war
Obama is a bleeding heart liberal.

Still no answer as to how this administration is focused on war. And that being the case, who is he at war with?
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: supsalemgr on April 09, 2015, 04:39:37 AM
Still no answer as to how this administration is focused on war. And that being the case, who is he at war with?
I'll take "Americans" for a $1000.0, Bob. :biggrin:

Yeah, the only thing he's at war with is Western culture/capitalism, outside of that, he wold be way in over his head if war were to breakout, the guy is a coward.
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walkstall

Quote from: Solar on April 09, 2015, 05:36:52 AM
I'll take "Americans" for a $1000.0, Bob. :biggrin:

Yeah, the only thing he's at war with is Western culture/capitalism, outside of that, he wold be way in over his head if war were to breakout, the guy is a coward.


Let's be very honest now, make that a chicken shit coward. 
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

edward222

Quote from: supsalemgr on April 09, 2015, 04:39:37 AM
Still no answer as to how this administration is focused on war. And that being the case, who is he at war with?

are you serious with your question?
ISIS....  :popcorn:

supsalemgr

Quote from: edward222 on April 12, 2015, 08:18:27 PM
are you serious with your question?
ISIS....  :popcorn:

So you believe radicals Islamists are not a threat and should not be dealt with?
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: edward222 on April 12, 2015, 08:18:27 PM
are you serious with your question?
ISIS....  :popcorn:
Don't kid yourself son. If we actually went to war with ISIS, we'd be done already.
Obozo is not against them, no more than he was against the Muscum Brotherhood, when he supported the Arab Spring, another radical Muscum movement.

Our Marxist sympathizes with radical Muscum, because he actually hates Western culture.
I understand, that may be hard to believe, that the nation would elect a communist Muscum to the highest office in the land, but who'd have guessed the Dim party had been taken over by Marxists 10 years ago either?

Looking back, it really does come as a surprise, but with the leadership of the party keeping a death grip, the rest fell inline.
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edward222

Quote from: Solar on April 13, 2015, 05:39:56 AM
Don't kid yourself son. If we actually went to war with ISIS, we'd be done already.
:huh: We'd be done?  :huh:
US can obviously wipe out them if
US will take full offensive action.




supsalemgr

Quote from: edward222 on April 13, 2015, 10:19:36 PM
:huh: We'd be done?  :huh:
US can obviously wipe out them if
US will take full offensive action.

Solar is absolutely correct. However, as long as Obama is in charge it will never happen. He is either an incompetent leader and/or a supporter of their efforts.
"If you can't run with the big dawgs, stay on the porch!"

Solar

Quote from: edward222 on April 13, 2015, 10:19:36 PM
:huh: We'd be done?  :huh:
US can obviously wipe out them if
US will take full offensive action.
supsalemgr is correct, he's just nicer than I. :biggrin:
Fact is, our Marxist is an ally of the radicals which he proves with his every foreign policy move.
He thins Western culture is a cancer, that we're to blame for the problem in the M/E.
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