Bills Committee on
Inland Revenue (Amendment) Bill 2000

Seventh Meeting on
Tuesday, 24 February 2004, at 8:30 am
in Conference Room B of the Legislative Council Building

Revised Agenda

I.	Confirmation of minutes of meeting (8:30 am - 8:35 am)
		LC Paper No.
	Minutes of meeting on 5 February 2004	CB(1)1073/03-04 (issued on 23 February 2004)
II.	Meeting with deputation and the Administration (8:35 am - 10:25 am) Meeting with the Real Estate Developers Association of Hong Kong
		LC Paper No.
	The Real Estate Developers Association of Hong Kong dated 1 December 2003	CB(1)500/03-04 (08) (English version only)(issued on 5 December 2003)
	The Real Estate Developers Association of Hong Kong dated 23 December 2003	CB(1)921/03-04 (03) (English version only)(issued on 3 February 2004)
	Meeting with the Administration Matters arising from previous meetings
		LC Paper No.
	Administration's paper on follow-up actions arising from the discussion at the meeting on 5 February 2004	CB(1)1064/03-04 (01) (English and Chinese versions issued on 5 December 2003 and 3 February 2004 respectively)
	List of issues requiring follow-up actions by the Administration (Position as at 23 February 2004)	CB(1)1074/03-04 (01) (issued on 23 February 2004)
	Written submissions and Administration's response
		LC Paper No.
	Capital Markets Tax Committee of Asia (Hong Kong Chapter)	CB(1)500/03-04 (03) (English version only)(issued on 5 December 2003)
	Hong Kong Society of Accountants dated 8 December 2003	CB(1)531/03-04 (01) (English version only)(issued on 8 December 2003)
	Hong Kong Society of Accountants dated 4 February 2004	CB(1)947/03-04 (01) (English version only)(issued on 9 February 2004)
	Joint Liaison Committee on Taxation	CB(1)500/03-04 (04) (English version only)(issued on 5 December 2003)
	The Association of Chartered Certified Accountants Hong Kong	CB(1)500/03-04 (05) (English version only)(issued on 5 December 2003)
	The Chinese General Chamber of Commerce	CB(1)500/03-04 (06) (English version only)(issued on 5 December 2003)
	The Hong Kong Association of Banks	CB(1)500/03-04 (07) (English version only)(issued on 5 December 2003)
	The Taxation Institute of Hong Kong dated 1 December 2003	CB(1)500/03-04 (09) (English version only)(issued on 5 December 2003)
	The Taxation Institute of Hong Kong dated 20 December 2003	CB(1)921/03-04 (04) (English version only)(issued on 3 February 2004)
	Hong Kong Bar Association	CB(1)921/03-04 (05) (English version only)(issued on 3 February 2004)
	Summary of views submitted to the Bills Committee and the Administration's response upon re-activation of the Bill (position as at 23 February 2004)	CB(1)1074/03-04 (02) (issued on 23 February 2004)
	Correspondence between Assistant Legal Adviser 1 (ALA1) and the Administration ALA1's letter Administration's reply Letter dated 13 November 2003 from ALA1 to the Administration on the technical aspects of the proposed Committee Stage amendments CB(1)500/03-04 (01) (issued on 5 December 2003) CB(1)500/03-04 (02) (English and Chinese versions issued on 5 December 2003 and 3 February 2004 respectively)
	Other papers
		LC Paper No.
	Extracts from legislation or tax guides of Singapore, Malaysia, Australia, New Zealand and the United Kingdom relevant to proposed section 15(1)(ba) (Clause 5 of the Bill)	CB(1)947/03-04 (02) (English version only)(issued on 9 February 2004)
	The case of Commissioner of Inland Revenue and Emerson Radio Corp (1999)2 Hong Kong Court of Final Appeal Report	CB(1)947/03-04 (03) (English version only) (issued on 9 February 2004)
	Administration's paper on response to concerns raised at the meeting on 9 December 2003	CB(1)921/03-04 (01) (issued on 3 February 2004)
	Revised proposed Committee Stage amendments provided by the Administration on 7 November 2003	CB(1)303/03-04 (01) (issued on 11 November 2003)
	Marked-up copy of revised proposed Committee Stage amendments provided by the Administration on 7 November 2003	CB(1)303/03-04 (02) (issued on12 November 2003)
	Paper provided by the Administration on "Results of the Consultations and Effects of the Proposed Committee Stage Amendments"	CB(1)7/03-04 (01) (issued on 2 October 2003)
III.	Any other business (10:25 am - 10:30 am) (A list of other relevant papers and submissions previously issued is in the Appendix to agenda.)

Council Business Division 1
Legislative Council Secretariat
23 February 2004

Appendix to Agenda

List of other relevant papers issued previously

	Papers	Paper No./Ref.
	Bill gazetted on 5 October 2000	LC Paper No. CB(3)29/00-01 (issued on 4 October 2000)
	Legislative Council Brief	File Ref: FIN CR 1/2306/00 (issued by the Finance Bureauon 29 September 2000)
	Legal Service Division Report	LC Paper No. LS8/00-01 (issued on 16 October 2000)
	Correspondence between the Legal Service Division (LSD) and the Administration	LC Paper No. CB(1)129/00-01 (03) (issued on 3 November 2000)
	Information paper provided by the Administration - Examples of the kinds of avoidance schemes to be addressed with the proposed amendments to section 16(2) of the Inland Revenue Ordinance (Cap. 112)	LC Paper No. CB(1)185/00-01 (01) (issued on 17 November 2000)
	The Administration's response to the concerns raised by the Bills Committee at the 6 and 20 November 2000 meetings	LC Paper No. CB(1)248/00-01 (07) (English and Chinese versions issued on 1 and 6 December 2000 respectively)
#	Proposed Committee Stage amendments provided by the Administration on 25 July 2003	LC Paper CB(1)2323/02-03 (01) (issued on 1 August 2003)
	Administration's paper on response to concerns raised at the meeting on 13 November 2003	LC Paper No. CB(1)531/03-04 (02) (English and Chinese versions issued on 5 December 2003 and 3 February 2004 respectively)
	# The Administration has provided a set of revised Committee Stage amendments on 7 November 2003.
	Submissions	LC Paper No./Ref.
*	PricewaterhouseCoopers Limited	CB(1)248/00-01 (01) (English version only)(issued on 1 December 2000)
*	Supplementary information provided by the PricewaterhouseCoopers Ltd.	CB(1)273/00-01 (03) (English version only)(issued on 6 December 2000)
	The Association of Chartered Certified Accountants Hong Kong	CB(1)248/00-01 (02) (English and Chinese versions issued on 1 and 8 December 2000 respectively)
	The Taxation Institute of Hong Kong	CB(1)248/00-01 (03) (English version only)(issued on 1 December 2000)
	Hong Kong Society of Accountants	CB(1)248/00-01 (04) (English version only)(issued on 2 December 2000)
*	The Hong Kong General Chamber of Commerce	CB(1)248/00-01 (05) (English version only)(issued on 1 December 2000)
	Woo, Kwan, Lee & Lo	CB(1)248/00-01 (06) (English version only)(issued on 1 December 2000)
	The Hong Kong Association of Banks	CB(1)274/00-01 (English version only)(issued on 6 December 2000)
	Hong Kong Bar Association	CB(1)351/00-01 (English version only)(issued on 19 December 2000)
	Capital Markets Tax Committee of Asia (Hong Kong Chapter)	CB(1)366/00-01 (English version only)(issued on 22 December 2000)
	The Real Estate Developers Association of Hong Kong	CB(1)510/00-01 (English version only)(issued on 29 January 2001)
	Summary of deputations' concerns (Covering deputations who have agreed to release their submissions to the public)	CB(1)303/03-04 (03) (issued on 11 November 2003)
	Summary of deputations' concerns(Covering deputatons who have advised that their submissions should not be released to the public)	CB(1)303/03-04 (04) (issued on 11 November 2003)
	* Deputations who have advised that their submissions should not be released to the public.

Council Business Division 1
Legislative Council Secretariat
23 February 2004