Hong Kong Tax Investigation
Tax investigation and field audit are methods of investigation set out by the Hong Kong Inland Revenue Department (“IRD”) when they have doubts regarding the sources of income, the completeness and accuracy of the tax returns filed by taxpayers. Authorized under investigation is very broad, including companies, individuals, and even family members of the taxpayers.
Kaizen has a professional team with extensive knowledge of Hong Kong tax laws and many years of successful experience. Kaizen provides comprehensive assistance to its clients, wide range analysis and recommendation. Our professional tax services can save you valuable time and unnecessary financial costs by providing comprehensive plan to solve the past tax issues and also reduce the future risk of tax related problem.
Our Hong Kong Tax Investigation Services
IRD Procedure
|
Kaizen’s Role
|
Taxpayer receiving the
tax notification
|
· Assessment and understanding our client’s
background and business operation
· Providing consultancy and professional advice at
the technical level
· Preparation and plan for the first meeting
|
First meeting
|
· Accompany with client attend the first meeting of
IRD
|
Field audit
|
· Following up the case and to communicate with IRD
|
Reviewing the
taxpayer’s tax position
|
· Analysis of the client’s business information and
personal financial records, in order to grasp the aspect may necessary for
adjustment
|
Settle the case meeting
|
· Negotiating with IRD, proposing reasonable and
best solution to settle the case
|
Proposing the fine
|
· Negotiating the fine & penalty in our client
favorable position
|
Conclusion
|
· To advise the future improvement of tax
|
|
Other Hong Kong Tax Services
-
Acting as tax representatives
-
Preparation and filing of tax return
Profits Tax
Property Tax
Salaries Tax
Employer
Sole Proprietor
Partnership
-
Tax planning for corporate
-
Tax planning for individuals
-
Application for exemption from tax of offshore income