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Hong Kong court rules on revision to statement of loss after six years
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Author: Yvonne Law & Martin Tsang
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Issue Number
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HK 52/06
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The Hong Kong Court of First Instance issued a decision in January 2006 concluding that the Commissioner of Inland Revenue (CIR) can legally revise a “statement of loss” for a year of assessment six years after the relevant year of assessment (Commissioner of Inland Revenue v. Common Empire Limited).
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A tax newsletter covering Hong Kong and international subjects
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Page Last Updated: March 1, 2006
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Source: Deloitte Touche Tohmatsu (English)
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