HKIAAT Paper 5 Principles of Taxation
Aim: This paper aims to develop and assess both the understanding of the fundamental principles of Hong Kong taxation and the application of those principles.
Examination Format
|
Section A |
10 – 20 multiple choice questions |
20 marks |
|
Section B |
1 – 3 compulsory questions |
30 marks |
|
Section C |
2 out of 3 optional questions |
50 marks |
|
|
|
100 marks |
Reference Books or Readings
|
Author |
Title |
Publisher |
|
Kaplan |
Paper 5 Principles of Taxation (2008 ed.) |
Kaplan |
|
Patrick Ho |
Hong Kong Taxation and Tax Planning |
Pilot Publishing Ltd |
|
HKSAR |
Inland Revenue Ordinance (Chapter 112) and Inland Revenue Rules |
HKSAR |
|
IRD |
Departmental Interpretation and Practice Notes (DIPN) |
IRD |
|
Smith, D and Macpherson, A |
Hong Kong Taxation: Law & Practice |
The Chinese University Press |
|
Dora Lee |
Advanced Taxation in Hong Kong (12th ed.) |
Longman Hong Kong Education |
Course Outline
|
Chapter |
Title |
Updated on |
|
Part I – Property Tax | ||
|
1 |
27 Oct 09 | |
|
|
27 Oct 09 21 Dec 09
| |
|
Part II – Salaries Tax | ||
|
2 |
3 Nov 09 | |
|
3 |
15 Nov 09 | |
|
4 |
15 Nov 09 | |
|
5 |
15 Nov 09 | |
|
6 |
30 Nov 09 | |
|
|
30 Nov 09 21 Dec 09 30 Mar 10 30 Mar 10 | |
|
Part III – Profits Tax | ||
|
7 |
14 Dec 09 | |
|
8 |
14 Dec 09 | |
|
9 |
14 Dec 09 | |
|
10 |
21 Dec 09 | |
|
11 |
21 Dec 09 | |
|
12 |
Profits Tax: Basis Period, Change of Accounting Date and Losses |
4 Jan 10 |
|
13 |
4 Jan 10 | |
|
|
11 Mar 10
| |
|
Part IV – Depreciation Allowance | ||
|
14 |
19 Jan 2010 | |
|
15 |
Depreciation Allowance: Industrial Buildings and Commercial Buildings |
19 Jan 2010 |
|
|
Exam Style Questions Exam Style Answers |
|
|
Part V – Personal Assessment | ||
|
16 |
8 Feb 10 | |
|
|
| |
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Part VI – Tax Administration | ||
|
17 |
Hong Kong Taxation System |
|
|
18 |
Obligations, Returns, Assessments and Notices |
|
|
19 |
Objection, Appeal, Holdover and Error or Omission Claims |
|
|
20 |
Offences and Penalties |
|
|
21 |
Recovery of Tax |
|
|
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|
7 Apr 10 7 Apr 10 |
Useful Links
Prepared by: Harris Lui
