KPMG Hong Kong

The PTA's approach is based on a trial and error method

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Hong Kong SAR: IRD issues guidance on ship leasing tax concessions

Lewis Lu and John Timpany of KPMG analyse the impact of the ship leasing concessions on taxpayers.

John Timpany, January 14, 2021

The adoption of HKFRS 15 is likely to lead to significant changes for revenue recognition

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Hong Kong SAR IRD issues guidance on HKFRS 15: Revenue from Contracts with Customers

Lewis Lu and John Timpany of KPMG analyse the impact of the Inland Revenue Department’s updated Departmental Interpretation and Practice Notes No. 1 on taxpayers.

John Timpany, December 10, 2020

The court had to decide on two separate questions