Profits Tax

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Profits Tax

A term for the corporate tax in Hong Kong.
References in periodicals archive ?
127, "The Distributional Impact of Windfall Profits Taxes and a Gas Tax Holiday" available at www.
3% annually over the last decade, property taxes comprise just 12% of governmental revenues, compared to 22% for earnings and profits taxes and 19% for sales taxes.
0% annually over the last decade, property taxes make up just 12% of governmental revenues, compared to 21% for earnings and profits taxes and 17% for sales taxes.
2% annually over the past decade, property taxes comprise just 11% of governmental revenues, compared with 22% for earnings and profits taxes and 16% for sales taxes.
2% annually over the last decade, property taxes comprise just 12% of governmental revenues, compared to 23% for earnings and profits taxes and 15% for sales and use taxes.