BUSN3063 Hong Kong Tax

2016

4.5

1 x 3-hour lecture per semester
1 x 3-hour seminar per semester

1 Admission into BCOMACOS-Bachelor of Commerce (Accounting)
2 BUSN1019 - Law for Business
3 ^ BUSN2042 - Corporations Law
Must Satisfy: (1 and 2 and 3)

BUSN3062 - Hong Kong Corporate Law

This topic is part of the requirements for accreditation of the Bachelor of Commerce (Accounting) by the Hong Kong Institute of Certified Public Accountants, therefore is core to the BCom (Accounting) Hong Kong program.

Only available to students enrolled in Hong Kong.

This course is a study of the current law and practice of taxation for planning and decision-making in Hong Kong. It discusses the principles of the Hong Kong taxation system; and the implications that taxation can have on individual and corporate decisions. Topics include property tax, salaries tax, profits tax, depreciation allowance, personal assessment, tax administration, anti-tax avoidance and tax planning.

Throughout the course, relevant legislation, case law and rulings will be referred to. Students are encouraged to develop their research and analytical skills, which students will find invaluable in their working careers. Additionally, students will develop a systematic way of answering tax problems; that is the ability to identify the relevant issues, state the relevant tax law, and then apply the law to the facts presented to reach a conclusion.

Understanding the principles of taxation is important to students both in their personal lives and professional careers. This course aims to provide students with regulatory and legal concepts of taxation in Hong Kong, knowledge of the principles and practices of taxation for planning and decision-making. It will develop students' appreciation of the wide implications that taxation can have on individual and corporate decisions.