01 Intro to HK taxation system-2014 - s

To inland revenue ordinance historical origin of the

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Unformatted text preview: nce War Revenue Ordinance (1940 – 1941) • “To impose war taxes and to regulate collection thereof” Inland Revenue Ordinance (1947) • “To impose a tax on earnings and profits” • Based on the U.K. Commonwealth “Tax package” Basic Law ( ) any change?? 15 Principles of Tax Policy 1. 1. Observe privacy right Observe privacy right 2. 2. Does Does Does not drive away foreign Does not drive away foreign investments nvestments investments iinvestments 3. 3. Does not inhibit trade Does not inhibit trade 16 Composition of the Inland Composition Revenue Ordinance Revenue Parts to XV Parts II to XV Sections 1 to 95 Sections 1 to 95 Schedules and Tables Schedules and Tables Certain general provision Certain general provision Section Section Section 2 -- interpretations and Section 2 interpretations and definitions definitions definitions of terminology in IRO definitions of terminology in IRO 17 Administrative Bodies nland Inland IInland Revenue Department (IRD) Inland Revenue Department (IRD) (( )) Board Board Board of Inland Revenue (BIR) Board of Inland Revenue (BIR) (( )) Board Board Board of Review (BOR) Board of Review (BOR) (( 18 )) 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/she can delegate his/her powers and He/she duties unless they are required to be exercised by him/her personally. exercised 2 Deputy Commissioners – Technical ( Deputy ) & Operations ( ) 19 Assistant Commissioners ( 1 - 4, Commissioner’s unit ( Headquarters' Unit ( Assessors ( Inspectors ( ) – Units ), and ) ) ) / Taxation Officers ( 20 ) IRD Organization Chart 19 Oct., 2013 21 No. of officers in IRD as per establishment Assessor Grade Commissioner's Office Other Grades Total CIR Unit 3 49 79 25 82 74 HQ Unit 55 646 701 Unit 1 Unit 2 142 201 217 568 359 769 Unit 3 68 533 601 Unit 4 Total 189 51 240 707 2119 2826 22 The Inland Internal organization: Revenue Depart. •Six units: Commissioner’s (CIR) Unit ( Commissioner’s ) • Appeal, research, double taxation, complaints, internal App...
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This document was uploaded on 03/16/2014.

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