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Cheng & Cheng Taxation Reveals How the Foreign-Sourced Income Exemption Regime Is a Radical Change to the Source Concept of Hong Kong’s Taxation System

HONG KONG SAR - Media OutReach - 14 November 2022 - Cheng and Cheng Taxation Services Limited (Cheng and Cheng Taxation), one of the top 20 accounting firms in Hong Kong, reviews the Inland Revenue Department's latest draft legislation and guidelines on amendments to the taxation of foreign-sourced passive income, under which dividend income will no longer automatically be 100% non-taxable in Hong Kong, while offshore claims in Hong Kong will also be impacted.

Business News

Maintaining Garden Aesthetics Year-Round: Seasonal Gardening for Killara Businesses

Seasonal gardening gives Killara businesses the chance to have beautiful outside areas all year round. Landscaping strategies are changed during the different seasons to help plants grow well in cha...

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Site Survey: The Foundation of Successful Construction Projects

A site survey (or land survey) is an essential early step in establishing the requirements for the successful execution and planning of construction and land development. It is a large-scale process...

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Why Brite Storage Tanks Are a Game-Changer for Your Beverage Production

Whether you’re brewing a refreshing pale ale or perfecting your cider, every step shapes the final product. That’s where brite storage tanks truly shine. Crafting beverages Australians love takes mor...

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