PPRuNe Forums - View Single Post - flying into HK and tax
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Old 14th March 2002 | 17:53
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gofer
 
Joined: Sep 2001
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From: by the river
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EGT. .. .The 15% is standard to those working in HK. You are taxable. One of the things that makes you taxable in HK is the number of physical days you spend in HK in any 366 - it is 60 days. Unless your entry is not via a boarder control you will be registered as entering in HK great computer in the administration. When you leave it shows. . .. .The computer is even smart enough to do the math on all entries and exits over the last 366 days. Multiple passports in the same name - forget it. And once you have been to apply for your work/residency permit - something which must be done during those first 60 days - they can link your fingerprints, digital image and the name you are using and all of your passports.. .. .HK is a very civilised environment - and the more you earn the more comfortable it can be, but not obeying those simple rules will mean board and lodging of a different standard - that does not compare at all to what you might find acceptable.. .. .Suggestion: don't even think of trying to bend the rules it is not worth it - 15% is so good value for money - and it applies to all, not just those countries with dual agreements.. .. .Being employed by an HK company but working and residing outside the country - check with a tax accountant - normal rule is you pay where you reside.. .. .Oh also if you want to play between domicile and residence - most countries either don't make a destinction - and those that do usually have masses of documentation on the fact.. .. .COME & ENJOY in Cathayland . .. . <img border="0" title="" alt="[Eek!]" src="eek.gif" /> <img border="0" title="" alt="[Big Grin]" src="biggrin.gif" /> <img border="0" title="" alt="[Smile]" src="smile.gif" /> <img border="0" title="" alt="[Cool]" src="cool.gif" /> <img border="0" title="" alt="[Razz]" src="tongue.gif" />. . . . <small>[ 14 March 2002, 13:58: Message edited by: gofer ]</small>
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