Income Tax on HK Salary Whilst Residing Elsewhere??

Closed Thread
Page 2 of 2 FirstFirst 1 2
  1. #11

    Join Date
    Jun 2005
    Location
    Hong Kong
    Posts
    23,205

    We're in semantics here, but in my version of English "evasion" is, by definition, illegal. "Avoidance" is legal.

    Others seem to agree: http://en.wikipedia.org/wiki/Tax_evasion


  2. #12

    Join Date
    Feb 2009
    Location
    N.Ts
    Posts
    421
    Quote Originally Posted by PDLM:
    We're in semantics here, but in my version of English "evasion" is, by definition, illegal. "Avoidance" is legal.

    Others seem to agree: Tax avoidance and tax evasion - Wikipedia, the free encyclopedia
    You're right PDLM.. it's not evasion if there's nothing to evade.

  3. #13

    Join Date
    Feb 2009
    Location
    N.Ts
    Posts
    421
    Quote Originally Posted by cookie09:
    actually i dont know the law of the respective countries here in asia and you might be right.

    i just wanted to mention though that in some countries tax evasion (as opposed to tax fraud) is not illegal.
    So assuming you don't mean 'evasion' strictly speaking... where is that??

  4. #14

    Join Date
    Feb 2009
    Location
    N.Ts
    Posts
    421
    Quote Originally Posted by cookie09:
    I once paid no taxes for a year when i was doing consultant work (99% on the road) and did not have residency anywhere (i basically sign off from my home country and didn't sign on residency anywhere).
    Well I'm thinking more in terms of a permanent fixture. Don't really want to spend my life hiding!

    I also heard that the UK Inland Revenue can decide you earn money.. or owe taxes, and it is your job to prove them wrong! Shocking really, but I know someone indirectly who this happened to, and they had to provide full salary history to prove the Inland Rev wrong.

    I;ve no idea what the future holds though, but at the moment I have no intention to return to the UK, so I would have to check laws in the country I might end up (.....if I even get myself in the situation where I could even think about this).

    Quote Originally Posted by cookie09:
    by the way, i believe hk also has the 180 day rule, i.e. below 180 days presence in hk, you only pay pro-rata. maybe something you can explore.
    I got the 60 day figure from InvestHK(not IRD), 180 would be even better though so I hope you're right.

  5. #15

    Join Date
    Jun 2005
    Location
    Hong Kong
    Posts
    23,205

    They're not inconsistent. Below 180 days you pro-rata, below 60 days it's zero. (I think, from memory)


  6. #16

    Join Date
    Feb 2009
    Location
    N.Ts
    Posts
    421

    Oh yeh.. sorry cookie, I misread what you said.