01Introduction to HK taxation system -s

Review 26 26 section 87 chief executive section to

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Unformatted text preview: Chief Executive ( ) Section to exempt any person ( ), office ( ), ) or institution ( ) from paying whole or part of any tax chargeable under the IRO under Section 88 – CIR to exempt charitable Section institutions ( ) or trust of a public character ( ) from tax. from 27 27 The Chief Executive in Council The has made the following orders:has Exemption from Profits Tax Exemption (Interest Income) order 1998 (see chapter 11) chapter Tax Exemption (1997 Tax Year) Tax Order 1998 - affect Y/A 1997/98 tax payable tax 28 28 Administrative Bodies Inland Revenue Department Inland (IRD) ( ) Board of Inland Revenue (BIR) Board ( ) Board of Review (BOR) Board ( ) 29 29 Inland Revenue Department (IRD) Inland (http://www.gov.hk/ind/) (http://www.gov.hk/ind/) All major officers are appointed by the Chief All Executive under S.3(2) Executive Commissioner of Inland Revenue (CIR) ( Commissioner ) He can delegate his powers and duties He unless they are required to be exercised by him personally. by Deputy Commissioners – Technical ( ) Deputy & Operations ( ) 30 30 Assistant Commissioners ( Assistant Units 1-4, Commissioner’s unit ( ), and Headquarters' Unit ) Assessors ( Assessors Inspectors ( Inspectors Officers ( ) ) / Taxation ) )– ( 31 31 IRD Organization Chart 32 32 No. of officers in IRD as per establishment Assessor Grade Other Grades 81 22 628 218 586 540 59 2134 Total 84 61 682 339 803 601 248 2818 33 33 Commissioner's Office CIR Unit HQ Unit Unit 1 Unit 2 Unit 3 Unit 4 Total 3 39 54 121 217 61 189 684 The Inland Revenue Department Internal organization: • Six units: Commissioner’s (CIR) Unit ( ) Commissioner’s Unit 1 – Profits tax (corporations and Unit partnership) partnership) Unit 2 – Profits tax (sole proprietorships) • Salaries tax • Property tax • Personal assessment 34 34 The Inland Revenue Department Unit 3 – Collection • Business Registration • Stamp Duty • Estate Duty • Betting Duty • Hotel Accommodation Tax • Entertainment Tax Unit 4 – Investigations HQ unit ( ) – IS, training, & HQ other admin....
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