| I. | Confirmation of minutes of meeting
(4:30 pm - 4:32 pm)
|
| LC Paper No. CB(1)362/05-06
(issued vide LC Paper No. CB(1)370/05-06 on 24 November 2005)
| - | Minutes of second meeting held on 25 October 2005
|
| II. | Meeting with the Administration
(4:32 pm - 6:25 pm)
Clause-by-clause examination of the Bill
|
| LC Paper No. CB(3)770/04-05
(issued on 30 June 2005)
| - | The Bill
|
| LC Paper No. CB(1)2043/04-05(01)
(issued on 14 July 2005)
| - | Marked-up copy of the Revenue (Profits Tax Exemption for Offshore Funds) Bill 2005
|
| LC Paper No. CB(1)363/05-06(01)
(English version attached)
(Chinese version attached)
| - | Draft Committee Stage amendments proposed by the Administration (as at 24 November 2005)
|
| LC Paper No. CB(1)363/05-06(02)
(English version attached)
(Chinese version to follow)
| - | Marked-up copy of the Bill showing the draft proposed Committee Stage amendments provided by the Administration (as at 24 November 2005)
|
| LC Paper No. CB(1)385/05-06(01)
(English version attached)
(Chinese version to follow)
| - | Letter dated 25 November 2005 from the Assistant Legal Adviser to the Administration
|
| LC Paper No. CB(1)385/05-06(02)
(attached)
| - | Extracts of relevant statutory provisions
|
| Other relevant papers
|
| LC Paper No. CB(1)363/05-06(03)
(issued on 24 November 2005)
| - | "List of follow-up actions to the second meeting on 25 October 2005" prepared by the Legislative Council Secretariat
|
| LC Paper No. CB(1)117/05-06(02)
(English version issued on 24 November 2005)
(Chinese version to follow)
| - | Summary of submissions and Administration's responses (Position as at 24 November 2005)
|
| (A list of relevant papers previously issued is in the Appendix.)
|
| III. | Any other business
(6:25 pm - 6:30 pm)
|
Background information on the Bill
|
Ref: FIN CR3/7/2201/02
(issued on 28 June 2005)
| - | The Legislative Council Brief on "Revenue (Profits Tax Exemption for Offshore Funds) Bill 2005" issued by the Financial Services and the Treasury Bureau
|
LC Paper No. LS91/04-05
(issued vide LC Paper No. CB(2)2220/04-05 on 7 July 2005)
| - | The Legal Service Division Report
|
LC Paper No. CB(1)2044/04-05(01)
(issued on 14 July 2005)
| - | Background brief prepared by the Legislative Council Secretariat
|
Papers prepared by the Secretariat
|
LC Paper No. CB(1)44/05-06(21)
(issued on 13 October 2005)
| - | "List of follow-up actions to the first meeting on 15 July 2005" prepared by the Legislative Council Secretariat
|
LC Paper No. CB(1)117/05-06(01)
(English version only)
(issued on 21 October 2005)
| - | Summary of submissions (Position as at 21 October 2005)
|
Papers provided by the Administration
|
LC Paper No. CB(1)2078/04-05(01) (Revised)
(issued on 26 July 2005)
| - | Power-point presentation material provided by the Inland Revenue Department
|
LC Paper No. CB(1)44/05-06(22)
(English version issued on 13 October 2005)
(Chinese version issued vide LC Paper No. CB(1)317/05-06 on 17 November 2005)
| - | Paper provided by the Administration on "Follow-up to meeting on 15 July 2005"
|
LC Paper No. CB(1)150/05-06(01) (Revised)
(issued vide LC Paper No. CB(1)172/05-06 on 27 October 2005)
| - | Speaking note of Commissioner of Inland Revenue
|
Correspondences between the Administration and the Legal Service Division
|
LC Paper No. CB(1)44/05-06(23)
(issued vide LC Paper No. CB(1)71/05-06 on 18 October 2005)
| - | Letter dated 27 August 2005 from the Assistant Legal Adviser to the Administration, with extracts of relevant statutory provisions
|
LC Paper No. CB(1)44/05-06(24)
(English version issued vide LC Paper No. CB(1)117/05-06 on 21 October 2005)
(Chinese version issued vide LC Paper No. CB(1)326/05-06 on 18 November 2005)
| - | Paper provided by the Administration on "Response to issues raised by the LegCo Assistant Legal Adviser in letter dated 27 August 2005"
|
Submissions received
|
LC Paper No. CB(1)44/05-06(01)
(English version only)
(issued vide LC Paper No. CB(1)71/05-06 on 18 October 2005)
| - | Submission dated 15 October 2005 from Capital Markets Tax Committee of Asia
|
LC Paper No. CB(1)44/05-06(02) (Revised)
(English version only)
(issued vide LC Paper No. CB(1)98/05-06 on 19 October 2005)
| - | Submission dated 10 October 2005 from British Chamber of Commerce in Hong Kong
|
LC Paper No. CB(1)44/05-06(03)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 3 September 2005 from Clifford Chance
|
LC Paper No. CB(1)44/05-06(04)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 3 September 2005 from The Hong Kong Society of Financial Analysts Limited
|
LC Paper No. CB(1)44/05-06(05)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 2 September 2005 from Ernst & Young Tax Services Limited
|
LC Paper No. CB(1)44/05-06(06)
(English version only)
(issued vide LC Paper No. CB(1)71/05-06 on 18 October 2005)
| - | Submission dated 13 October 2005 from PricewaterhouseCoopers Ltd.
|
LC Paper No. CB(1)44/05-06(07)
(English version only)
(issued vide LC Paper No. CB(1)138/05-06 on 24 October 2005)
| - | Submission dated 24 October 2005 from Hong Kong Institute of Certified Public Accountants
|
LC Paper No. CB(1)44/05-06(08)
(English version issued on 13 October 2005)
(Chinese version issued vide LC Paper No. CB(1)135/05-06 on 24 October 2005)
| - | Submission dated 7 October 2005 from Deloitte Touche Tohmatsu
|
LC Paper No. CB(1)44/05-06(09)
(English version only)
(issued vide LC Paper No. CB(1)71/05-06 on 18 October 2005)
| - | Submission dated 14 October 2005 from Hong Kong Investment Funds Association
|
LC Paper No. CB(1)44/05-06(10)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 12 October 2005 from KPMG Tax Limited
|
LC Paper No. CB(1)44/05-06(11)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 3 September 2005 from The Taxation Institute of Hong Kong
|
LC Paper No. CB(1)44/05-06(12)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 13 October 2005 from The Alternative Investment Management Association (Hong Kong Chapter)
|
LC Paper No. CB(1)44/05-06(13)
(English version only)
(issued vide LC Paper No. CB(1)117/05-06 on 21 October 2005)
| - | Submission dated 19 October 2005 from Hong Kong General Chamber of Commerce (Taxation Committee)
|
LC Paper No. CB(1)44/05-06(14)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 15 September 2005 from CPA Australia, Hong Kong China Division
|
LC Paper No. CB(1)44/05-06(15)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 4 October 2005 from The Law Society of Hong Kong
|
LC Paper No. CB(1)44/05-06(16)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 7 October 2005 from The Association of Chartered Certified Accountants (Hong Kong)
|
LC Paper No. CB(1)44/05-06(17)
(English version only)
(issued on 13 October 2005)
| - | Submission dated 7 October 2005 from Hong Kong Venture Capital and Private Equity Association
|
LC Paper No. CB(1)44/05-06(18)
(English version only)
(issued vide LC Paper No. CB(1)71/05-06 on 18 October 2005)
| - | Submission dated 14 October 2005 from The Hong Kong Association of Banks
|
LC Paper No. CB(1)44/05-06(19)
(English version only)
(issued on 13 October 2005)
| - | First submission dated 10 August 2005 from Mr David GUNSON
|
LC Paper No. CB(1)44/05-06(20)
(English version only)
(issued on 13 October 2005)
| - | Second submission dated 13 September 2005 from Mr David GUNSON
|
LC Paper No. CB(1)138/05-06(01)
(English version only)
(issued on 24 October 2005)
| - | Submission dated 25 October 2005 from Goldman Sachs (Asia) L.L.C.
|
LC Paper No. CB(1)138/05-06(02)
(English version only)
(issued on 24 October 2005)
| - | Submission dated 24 October 2005 from SINOPIA Asset Management (Asia Pacific) Limited
|
LC Paper No. CB(1)172/05-06(01)
(English version only)
(issued on 27 October 2005)
| - | Submission dated 25 October 2005 from Deacons
|
LC Paper No. CB(1)172/05-06(02)
(English version only)
(issued on 27 October 2005)
| - | Submission dated 25 October 2005 from Hong Kong Stockbrokers Association
|
