Like Tree53Likes

Its time for Tax Assessment

Closed Thread
Page 9 of 9 FirstFirst ... 6 7 8 9
  1. #81

    Join Date
    Nov 2005
    Location
    Cramped island
    Posts
    5,575
    Quote Originally Posted by D.YU:
    If full integration happens, real estate in hk will be close to shenzhen pricing. At least for new territories. Meaning I will not get a loan, or just get a small loan.

    As for taxes, it will be offset with cheaper real estate.
    huh ? I was just referring to paying taxes earlier if the assessment is too high. that you forego the potential interest you can earn for the 1y so effectively you are paying 4% more tax for the overassessed amount.

  2. #82

    Join Date
    Dec 2010
    Posts
    1,523
    Quote Originally Posted by freeier:
    huh ? I was just referring to paying taxes earlier if the assessment is too high. that you forego the potential interest you can earn for the 1y so effectively you are paying 4% more tax for the overassessed amount.
    Sorry I was walking while writing lol. I saw someone else post about higher taxes if HK follows China taxation.

  3. #83
    Quote Originally Posted by shree711:
    I objected once and they said that let's see how much your income actually is. So sometimes they don't feel like listening to you.
    how long did they take to respond?

  4. #84

    Join Date
    Jul 2017
    Location
    Dubai
    Posts
    582
    Quote Originally Posted by Fatpigkenny:
    how long did they take to respond?
    I think it was 1 month.
    Fatpigkenny likes this.

  5. #85

    Join Date
    Dec 2010
    Posts
    1,523
    Quote Originally Posted by shree711:
    I think it was 1 month.
    Try >3 months. I had an objection and it took them more than 3 months to get back to me through snail mail.
    Fatpigkenny likes this.

Closed Thread
Page 9 of 9 FirstFirst ... 6 7 8 9