earning online need to pay tax

Closed Thread
  1. #1

    Join Date
    Feb 2006
    Posts
    107

    earning online need to pay tax

    If selling stuff online for extra income - need to pay income or profit tax?


  2. #2

    Join Date
    May 2015
    Posts
    451

    Call up the tax department, they are pretty helpful. I believe the rule is you don't pay tax if the income originates offshore.


  3. #3

    Join Date
    Mar 2009
    Location
    Hong Kong
    Posts
    2,260

    The rule is that you are taxed if you carry out core trade or business in Hong Kong. However, that will depend on how you plan to operate.

    i.e. will you actually have physical goods imported/exported from HK? will you make or receive payment in HK or overseas (if you have accounts elsewhere)?

    My feeling is that if you are based in Hong Kong and you actually have regular actions to sell your items then you are carrying out a business in HK.