Important Notice
The Inland Revenue Department’s (“IRD”) practice in reviewing charities’ tax exemption status continues to evolve. However, many tax exempt charities misunderstand that all their income is automatically tax-exempt under Section 88 of the Inland Revenue Ordinance, leaving them unprepared for the IRD’s reviews and getting penalised for non-compliance with requirements which they were not aware of.
In this webinar, the speakers will share their latest experience in assisting charities on resolving their tax problems, including:-
1.Update on charities’ common misunderstanding about tax
2.Practical solutions for charities’ common tax issues reviewed by the IRD
3.Filing obligations and penalties
4.Case sharing
5.Q&A