Profits Tax

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Profits Tax

A term for the corporate tax in Hong Kong.
References in periodicals archive ?
The instructions should clarify that taxpayers may present the data on Schedules C and F, as well as Schedules D (Cost of Goods Sold), E (Income, War Profits, and Excess Profit Taxes Paid or Accrued), and G (Analysis of Unappropriated Retain Earnings per Books), in the CFC's functional currency as long as the adjustments required by Treas.