Skip to main content

Featured post

QS World Universities Ranking 2025 | Hong Kong universities climb in the rankings

In recent years, many universities in Hong Kong have made significant progress in global rankings, including the University of Hong Kong, the Hong Kong University of Science and Technology, the Chinese University of Hong Kong, and Lingnan University. The University of Hong Kong is one of the oldest and most prestigious universities in Hong Kong. With its excellent teaching and research results, as well as extensive international cooperation, the University of Hong Kong has always been ranked among the top in international rankings. The Hong Kong University of Science and Technology has also made significant progress in rankings in recent years. It focuses on cultivating innovative talents and has achieved groundbreaking research results in science, engineering, business management and other fields. The Chinese University of Hong Kong is highly praised for its diversified disciplines and excellent research results. In international rankings, the Chinese University of Hong Kong also main

Taxation

According to Benjamin Franklin, there are two things that one cannot avoid in life, which are death and taxes. Why tax is something that one cannot avoid? 



Bob: If I am not chargeable under income tax, profits tax, property tax, etc., then I am not paying any taxes.

Is the above Bob's argument correct? It may not be true. 


Why? It is because we have different types of tax.


Taxes are charged on different tax rate. There are three common types of tax rate.


This series will focus on taxation. Topic of the following are covered in this series:


1. Wealth tax


2. Importance of taxation


Popular Posts