2022-02-25-普华永道-2022_23香港区域政府财政预算（英）_38页_1mb

报告摘要

System: Schedular—salaries tax for employment/office/pension income, profits tax for trade/business/profession profits, property tax for rental income.
Residency-Based: Taxed on income arising in or derived from Hong Kong; territorial basis.
Double Tax Agreements: Comprehensive agreements with 52+ jurisdictions.
Personal Assessment: Aggregates income for individuals 18+. Married couples can choose joint/separate assessments starting 2018/19.

Rates (Progressive):
- 2022/23: 2%, 6%, 10%, 14%, 17%.
- 2021/22: Similar scale, maximum taxed at 15%.
Allowances:
- Basic: $132,000; Married: $264,000; Child: up to $240,000 (first child), $120,000 (others).
- Dependent allowances for elderly/parents, disabled, etc.
Deductions: Loan interest, home loan interest, MPF contributions ($18k/year), self-education, etc. Domestic rental deduction introduced from 2022/23.
Tax Thresholds:
- Single: up to $132,000; tax at 15%+ starting $2.022M.
- Married: up to $264,000; tax at 15%+ starting $3.144M.
Partial Income Exemption: Foreign tax relief under DTA from 2018/19.
Employer Obligations: No PAYE; must report employee commencement/cessation, annual remuneration returns.

Rates:
- Corporations: 8.25% (first $2M) + 16.5% (remaining).
- Unincorporated: 7.5% (first $2M) + 15% (remaining).
Basis: Taxed on profits sourced in Hong Kong; territorial source-based.
Territorial Concept: IRD assesses based on where income activities occur.
Deemed Profits: Includes royalties, intellectual property, grants, etc.
Deductions: Allowable expenses without territorial restriction; anti-avoidance rules apply.
R&D Deductions: Enhanced deductions (100% for Type A, 300% capped for Type B) from 2018/19.
Insurance/Finance Sectors: Special tax regimes for life/reinsurance, captives, etc., with substantial activity tests.
Transfer Pricing: Rules effective from 2018/19, with documentation requirements (Master File, Local File).
Capital Allowances: Immediate 100% deduction for certain assets, reducing rates for others; immediate deduction for energy-efficient investments from 2018/19.

Rate: 15% on net assessable value.
Basis: Levied on owners of Hong Kong land/buildings; exempt for government/consular properties.
Net Assessable Value: Consideration for use, adjusted for rates and repairs allowance.

Due Dates (e.g., profits tax: end-April; salaries tax: June/July).
Provisional Tax: Based on prior year assessment; refunds/credits apply.
Stamp Duty:
- Conveyance/Lease Agreements: Ad valorem rates; special duty for property resale/Buyers.
- Stock Transfers: 0.26% ad valorem since Aug 2021.
Other Duties: Business registration, vehicle tax, air passenger tax, betting duty.