2Likes
So, if the HK corporate tax is lowered to 10% (pure speculation at this point), what incentive would small business owners have to take a salary?
Easier to pay yourself a minimum salary and then bonuses in the form of dividends?
Small businesses and start-ups in Hong Kong need more than tax breaks to thrive, owners say | South China Morning Post
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06-10-2017, 04:28 PM #1
HK Corporate Tax Cuts
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06-10-2017, 04:36 PM #2
Aren't dividends given as compensation for employment taxed in the same way as a salary?
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06-10-2017, 04:44 PM #3
Shareholder dividends for owner operators.
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31-10-2017, 01:22 PM #4
The corporate tax cut propose at 8.25% for the first HKD2 mill. Pay a monthly dividend to yourself , so no tax on dividends.
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01-11-2017, 12:45 AM #5
This is one of the reasons why many of HK's largest tycoons pay virtually no tax. (and then benefit from no inheritance tax on their estates)
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