take profits tax collection conditions
profits tax under the definition , must meet the following three conditions need to collection of profits tax :
1, operating in Hong Kong trade, profession or business ;
2, from a trade, profession or business profits , arising from sale of capital assets excluding profits ;
3 the profits arising in or derived from Hong Kong Hong Kong ;
course, this is not absolute , because tax regulations have been some special provisions of subsidiary legislation . Thus, in determining whether it is necessary to pay profits tax of subsidiary legislation needed to view the relevant provisions . That in any case , these three factors will be considered , if we consider these factors found no profits tax payable , you should consider whether the relevant subsidiary legislation with special provisions to determine whether under these special requirements arising from the profits tax payable , if found to have tax liability , you should pay taxes.
although in deciding whether to pay profits tax liability when a lot of factors to consider , but the important point to note is that Hong Kong and most other countries differ is on the taxpayer's residence [ such as a legal entity , its place of incorporation ] of their tax liability and tax liability does not affect the severity . Therefore, the people and non- Hong Kong , and Hong Kong companies and non-Hong Kong companies in the collection of profits tax is basically exactly the same way .