Updated annually, this is a comprehensive, practical and easy-to-understand guide that explains in detail the tax laws in the Inland Revenue Ordinance of Hong Kong, including the property tax, salaries tax, profits tax, as well as the laws in the Estate Duty Ordinance and Stamp Duty Ordinance. All related legislation pertaining to the administration, assessment, and collection of these taxes is discussed in detail. Numerous practical examples and tax cases are used to illustrate tax laws and their practice. The text is abundantly supplemented with appendices on related tax matters and statements of practice. There are also detailed indices of tax cases and statutes. For the convenience of the reader, the text is cross-referenced with Board of Review decisions and relevant sections of the Inland Revenue Ordinance, Estate Duty Ordinance and Stamp Duty Ordinance.