| I. | Confirmation of minutes of meetings
(8:30 am - 8:35 am)
|
| | | LC Paper No.
|
| Minutes of meeting on 24 February 2004
| CB(1)1295/03-04
(issued on 16 March 2004)
|
| Minutes of meeting on 2 March 2004
| CB(1)1296/03-04
(issued on 16 March 2004)
|
| II. | Meeting with the Administration
(8:35 am - 10:25 am)
Matters arising from previous meetings
|
| | | LC Paper No.
|
| Administration's paper on "Draft Committee Stage amendments (CSAs) for savings provisions and self-education expenses deduction"
| CB(1)1654/03-04 (01)
(English version issuedon 28 April 2004,Chinese version to follow)
|
| Administration's letter dated 28 April 2004 on "Follow-up on issues raised at the meeting on 2 March 2004"
| CB(1)1654/03-04 (02)
(English version issued on 28 April 2004, Chinese version to follow)
|
| Administration's response to comments relating to exemption from 'tax symmetry' rule for internal borrowings by associated corporations
| CB(1)1654/03-04 (03)
(English version issuedon 28 April 2004,Chinese version to follow)
|
| List of issues requiring follow-up actions by the Administration (Position as at 26 April 2004)
| CB(1)1654/03-04 (04)
(issued on 28 April 2004)
|
| Written submissions received since last meeting and Administration's response
|
| | | LC Paper No.
|
| Capital Markets Tax Committee of Asia (Hong Kong Chapter)
| CB(1)1438/03-04 (01)
(issued on 2 April 2004)
|
| Hong Kong General Chamber of Commerce
| CB(1)1438/03-04 (02)
(issued on 2 April 2004)
|
| The Taxation Institute of Hong Kong
| CB(1)1438/03-04 (03)
(issued on 2 April 2004)
|
| Joint Liaison Committee on Taxation
| CB(1)1525/03-04 (01)
(issued on 15 April 2004)
|
| The Real Estate Developers Association of Hong Kong
| CB(1)1525/03-04 (02)
(issued on 15 April 2004)
|
| Summary of views and the Administration's response on the impacts of proposed section 16(2C) and the proposed exemption of "market-makers" under proposed sections 16(2G) and 16(2H) (position as at 26 April 2004)
| CB(1)1654/03-04 (05)
(English version issued on 28 April 2004, Chinese version to follow)
|
| Clause-by-clause examination of the Bill
|
| Revised proposed CSAs 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 CSAs provided by the Administration on 7 November 2003
| CB(1)303/03-04 (02)
(issued on 12 November 2003)
|
| Administration's letter dated 1 March 2004 on the draft CSAs on exemption of market-making activities from the operation of proposed section 16(2C)
| CB(1)1182/03-04 (01)
(English version only)(issued on 3 March 2004)
|
| Administration's paper on "Draft CSAs for savings provisions and self-education expenses deduction"
| CB(1)1654/03-04 (01)
(English version issued on 28 April 2004, Chinese version to follow)
|
| 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 (CSAs)
| 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)
|
| Administration's papers issued for previous meetings
|
| | | LC Paper No.
|
| Administration's paper on response to concerns raised at the meeting on 13 November 2003
| CB(1)531/03-04 (02)
(English and Chinese versions issued on 5 December 2003 and 3 February 2004 respectively)
|
| 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)
|
| 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 20 and 23 February 2004 respectively)
|
| List of statutory bodies established by legislation to register and recognise professional qualifications and status or grant permits or licences for practicing in a profession, trade or occupation(referred to in LC Paper No. CB(1)1064/03-04 (01))
| CB(1)1104/03-04 (01)
(issued on 24 February 2004)
|
| Administration's paper on "Tax Treatment of Interest Income and Payments: A Comparison with Overseas Jurisdictions"
| CB(1)1158/03-04 (01)
(English and Chinese versions issued on 1 and 3 March 2004 respectively)
|
| 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.)
|
| Papers | | Paper No./Ref.
|
Legislative Council Brief
| | File Ref: FIN CR 1/2306/00
(issued by the Finance Bureau on 29 September 2000)
|
Paper provided by the Administration on "Results of the Consultations and Effects of the Proposed CSAs"
| | CB(1)7/03-04 (01)
(issued on 2 October 2003)
|
Bill gazetted on 5 October 2000
| | LC Paper No. CB(3)29/00-01
(issued on 4 October 2000)
|
Legal Service Division (LSD) Report
| | LC Paper No. LS8/00-01
(issued on 16 October 2000)
|
Correspondence between the 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)
|
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)
| | LC Paper No. 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
| | LC Paper No. CB(1)947/03-04 (03)
(English version only) (issued on 9 February 2004)
|
| Submissions | | LC Paper No./Ref.
|
Summary of deputations' concerns (Covering deputations who have agreed to release their submissions to the public) (position as at 29 January 2001)
| | 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) (position as at 29 January 2001)
| | CB(1)303/03-04 (04)
(issued on 11 November 2003)
|
Capital Markets Tax Committee of Asia (Hong Kong Chapter)
| | CB(1)500/03-04 (03)
(English version only)(issued on 5 December 2003)
|
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 Real Estate Developers Association of Hong Kong (Submission 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 (Submission dated 23 December 2003)
| | CB(1)921/03-04 (03)
(English version only)(issued on 3 February 2004)
|
The Taxation Institute of Hong Kong(Submission dated 1 December 2003)
| | CB(1)500/03-04 (09)
(English version only)(issued on 5 December 2003)
|
The Taxation Institute of Hong Kong(Submission dated 20 December 2003)
| | CB(1)921/03-04 (04)
(English version only)(issued on 3 February 2004)
|
Hong Kong Society of Accountants(Submission dated 8 December 2004)
| | CB(1)531/03-04 (01)
(English version only)(issued on 8 December 2003)
|
Hong Kong Society of Accountants(Submission dated 4 February 2004)
| | CB(1)947/03-04 (01)
(English version only)(issued on 9 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)
|
