The roles and duties of a tax representative and a tax agent vary in different countries and different terms are used. Generally, a tax representative operates as the client’s company and the tax agent operates representing its own name. Nevertheless, both operate on behalf of the client’s company and can discharge the assigned legal duties. […]
Hong Kong tax system adopts low tax rates and is relatively straightforward and features certain types of tax deductions. Further, Hong Kong does not impose value added taxes or goods and services taxes. Under the Hong Kong Inland Revenue Ordinance (“IRO”), there are however three types of taxes charged: Property Tax, which is charged on […]
In Board of Review/Tax Tribunal Case X66, several appellants brought appeals to the Board of Review (“BoR”) under section 66 of the Hong Kong Inland Revenue Ordinance (“HK IRO”). For easy reading, Case X66 described below has been limited to one appellant only but this case shows similar points regarding the importance of tax substance. […]
When thinking about retiring, many Dutch nationals think about retirement to Thailand or some other exotic country to enjoy their golden years. This may incur in some issue with the Dutch tax authorities. Is retirement to these jurisdictions possible or even beneficial? Dutch Retirement Pension Taxation It is commonly known that Tax Authorities often provide […]
