China

Details

  • Service: Tax
  • Type: Publication series, Regulatory update
  • Date: 5/8/2014

No refund of tax paid due to fraudulent conduct of directors 

Hong Kong Tax Alert - Issue 10, May 2014

 

The Court of Final Appeal clarifies the rules of attribution of directors’ knowledge to a company and their application to a claim by liquidators against over-assessed tax based on fraudulently prepared financial accounts and tax returns.

Hong Kong Tax Alert
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