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Salaries Tax
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Profits Tax
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Property Tax
Personal Assessment (for more tax relief)
Arrangement between China and Hong Kong (to avoid double taxation)
Stamp Duty
Estate Duty
Objection and Appeal against Tax Assessments
Advance Rulings (to obtain early decisions on uncertain tax matters)
Obligations of taxpayers and employers to furnish information under the Inland Revenue Ordinance
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1. What are the current rates for Profits Tax?

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Profits Tax rates as from 2004/05 onwards:

(1) Normal rate

Corporations (businesses/companies incorporated according to the Companies Ordinance e.g. limited company):

17.5%

Unincorporated Businesses (businesses/companies NOT incorporated according to the Companies Ordinance e.g. sole-proprietorship or *partnership):

16%

(*If one of the partners in a partnership is a corporation, the profit tax rate on that partner is 17.5%)

(2) Concessionary rate

A tax rate at 50% of the normal profits tax rate will be applied to trading profits and interest income received or derived from qualifying debt instruments issued in Hong Kong, and to the offshore business of professional reinsurance companies.