Decision No
 

Trading loss─sales of securities on the New York Stock Exchange resulting in loss─whether loss arose in or was derived from the Colony to be set off in computing assessable profits of taxpayer
 

BR 18/73 (PDF file)

Acquisition of agricultural land by landowner for the purpose of exchange for building land─development and sale of land─whether transactions were in the nature of a trade subject to profits tax
 

BR 20/73 (PDF file)

Taxpayer was paid full salary whilst on study leave─whether travelling expenses incurred during period of study leave were deductible expenses under section 12(1)(6) of the Inland Revenue Ordinance
 

BR 17/73 (PDF file)

Membership subscriptions to professional associations─ whether such payments were deductible in ascertaining net chargeable income under section 12(l)(b) of the Inland Revenue Ordinance
 

BR 19/73 (PDF file)

Income arising in or derived from the Colony . . . from any office or employment of profit─taxpayer employed by a foreign company registered in Hong Kong under the Companies Ordinance (Cap. 32) and registered under the Business Registration Ordinance (Cap. 310)─under the terms of employment taxpayer required to travel outside Hong Kong to direct and supervise all Service Personnel of the company in the Far East─salary paid in Hong Kong out of funds remitted to Hong Kong from abroad─whether income arose in or derived from the Colony
 

BR 3/74 (PDF file)

Ascertainment of assessable income─assessment of salaries tax on sums paid by company to taxpayer as managing director─sums received by taxpayer as salary were applied to discharge company's debts and expenses─whether such sums should be discounted for the purpose of salaries tax
 

BR 4/74 (PDF file)

Income arising in or derived from the Colony . . . from office or employment of profit─taxpayer employed in Hong Kong by a company incorporated in the United States and having an office in Hong Kong─his employment required him to work in the company's Hong Kong office and in offices located in a number of countries in the Far East─employee's salary was paid in Hong Kong, in Hong Kong currency─whether the employee's salary for the period spent out of Hong Kong was liable for salaries tax─Inland Revenue Ordinance, s. 8(1)
 

BR 5/74 (PDF file)