ETOPS240
It’s irrelevant what the company is reporting to the IRD. The company has already been down this road when they didn’t report the income to the IRD of all the based pilots. Look where that got them and the based pilots that took their advice? I can assure you that if it’s the company’s position that an iCadet must repay the entire HK$1.2m if they resign the day after they check to line, the company has just opened up a can of worms for themselves and a whole world of pain for the unwitting kids that are signing up to this. As an accountant in my previous life, the whole forgivable loan issue is likely to come back and bite the company on the back side. The way it has been managed is like watching an episode of Faulty Towers.
