Details

  • Type: Publication series
  • Date: 5/18/2012

Hong Kong – Tax Authority Seeks to Tax Payments in Lieu of Notice 

Hong Kong’s Inland Revenue Department (IRD) has recently revised the cessation form IR56F and departure form IR56G to require employers to report all “Payments in Lieu of Notice” (PILON) as income from employment if they accrued on or after 1 April 2012.

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