Borrison/hk-legicost huggingface dataset:
我希望政府還有時間，可以拿出一份像樣的預算案來，這樣還可對得起社會上數之不盡孤立無援的弱勢人士，包括病人、有學習障礙的學童、長者和社會上眾多被忽略的人，給他們應有的尊嚴，而政府亦應對社會負起應負的責任。
I do not wish to see the recurrence of such incidents . The cause of such tragedies is the Governments failure to fulfil its social responsibility over the years to safeguard the interests of a minority of school children and their families who have been neglected . The Government is in possession of so much money and the Treasurys surplus has been on the increase
據報，深圳市政府將會進行皇崗口岸重建工程，而該口岸重開後將不提供貨物通關服務。
It has been reported that the Shenzhen Municipal Government will proceed with the reconstruction of the Huanggang Port and the Port will not provide cargo clearance service upon re - opening
有物流業人士憂慮，屆時港深兩地之間將不再設有提供全日24小時貨物通關服務的口岸，跨境陸上貨運會受到嚴重影響。
Some members of the logistics industry are worried that as there will no longer be any BCP providing round - the - clock cargo clearance service between Hong Kong and Shenzhen by then cross - boundary land freight transport will be seriously affected
就此，政府可否告知本會：一在皇崗口岸停止提供貨物通關服務後，會否有其他口岸全日24小時提供該服務；二是否知悉，蓮塘/香園圍口岸的泊車設施會否足以應付物流業的運作需要；及三是否知悉，蓮塘/香園圍口岸深方口岸區的配套設施的詳情；鑒於深圳灣口岸在啟用初期，深方口岸區欠缺配套設施致使該口岸使用率偏低，港深兩地政府有何措施防止該問題在蓮塘/香園圍口岸發生？
In this connection will the Government inform this Council 1 whether there will be other BCPs providing round - the - clock cargo clearance service after the Huanggang Port has ceased to provide such service; 2 whether it knows if the parking facilities at LTHYW BCP will be sufficient to cope with the operational needs of the logistics industry; and 3 whether it knows the details of the ancillary facilities on the Shenzhen side of LTHYW BCP; given that the utilization rate of the Shenzhen Bay Port was on the low side during its initial phase of commissioning due to the lack of ancillary facilities on the Shenzhen side what measures the Governments of Hong Kong and Shenzhen have in place to prevent the occurrence of such problem in LTHYW BCP?
我們已向深方反映這個意見，並積極爭取有關安排。
We are well aware of the aspirations of the industry in this regard and have already relayed the relevant views and aspirations to our Shenzhen counterpart
主席，我首先感謝局長也認同香港需要實施24小時的通關安排，但局長剛才的答覆，我卻可以簡單概括為"除探討外，甚麼都不知道。
President first of all I would like to thank the Secretary for recognizing the need of Hong Kong to have round - the - clock clearance service but the reply of the Secretary can be summarized as knowing nothing except the issues being considered
"我不知道局長曾否到深圳現場視察當地的建設，但我所屬的航運交通界在視察後，卻發覺沒有甚麼動靜，亦未見有任何配套設施在施工。
I wonder if the Secretary has been to Shenzhen for site inspection of the construction works . According to the transport sector to which I belong they did not find during a site visit any activities going on and did not see the construction of ancillary facilities
這牽涉兩項重要考慮，一是免得為時已晚，重蹈深圳灣的覆轍；二是讓業界有時間作好準備。
There are two important considerations one is to avoid repeating the same mistake of Shenzhen Bay Port in making belated arrangement and the other is to give ample time for the industry to prepare for the change
局長，何時可以切實地告訴業界有關安排為何？
Secretary when can you tell the industry specifically about the actual arrangement?
主席，現時陸路運輸基本上有4個口岸，即西面是深圳灣，中間是皇崗和文錦渡，東面是沙頭角。
President at present there are basically four land BCPs namely Shenzhen Bay BCP in the west Huanggang and Man Kam To in the middle and Sha Tau Kok in the east
工業界多年來建議政府修訂《稅務條例》第39E及16EC條，令廠商可就其境外生產工序中使用的機器、設備和知識產權申領免稅額。
Over the years the industrial sector has been proposing to the Government that sections 39E and 16EC of the Inland Revenue Ordinance IRO be amended to enable manufacturers to claim tax allowances in respect of the machinery equipment and intellectual property rights used in their production procedures located outside Hong Kong
然而，政府一直以該建議可能被視為鼓勵廠商透過轉讓定價安排轉移公司利潤，予以拒絕。
However the Government has all along rejected the proposal on the ground that the proposal may be regarded as encouraging the manufacturers transfer of company profits via transfer pricing arrangement
有不少業內人士反映，該兩項條文窒礙珠江三角洲內港資企業升級轉型的步伐，亦不利於它們把握國家推行"一帶一路"策略及發展粵港澳大灣區所帶來的機遇。
Quite a number of members of the sector have relayed that the two provisions have hindered the pace of the upgrading and restructuring of Hong Kong enterprises in the Pearl River Delta Region and are not conducive to their capitalizing on the opportunities brought about by the nations Belt and Road Initiative and the development of the Guangdong - Hong Kong - Macao Bay Area
香港快要引入轉讓定價的法例，法例引入後，企業向加工方提供的機械 設備和知識產權，理論上是賺取整個生產鏈的剩餘利潤。
Hong Kong is about to introduce legislation on transfer pricing and after the enactment of legislation the provision of machinery and IPRs by an enterprise to the processing parties is in theory a means to earn the residual profits in the entire production chain
港商從"進料加工"生產活動賺到的利潤向香港稅務局交稅，該利潤反映港商在整個供應鏈管理上的貢獻和相應得益。
Hong Kong enterprises pay tax to the Hong Kong Inland Revenue Department on the profits generated from production activities under the import processing arrangement and the profits reflect Hong Kong enterprises contribution to and benefits gained from their management of the production chain
如果政府繼續拒絕讓港商就其名下的機器和知識產權享有扣稅優惠，是否違反了"稅務對稱"原則？
If the Government continues to refuse to grant Hong Kong enterprises tax deduction for the machinery and IPRs under their name is it in breach of the principle of tax symmetry?
這個課題已討論多年，局長剛才提到，政府曾於2010年進行深入檢討。
This subject has been discussed for years . The Secretary just mentioned that the Government conducted an in - depth review on the matter in 2010
我想問，經過差不多10年時間，局長會否考慮在未來一段短時間進行另一次檢討，檢視現時的情況？
Almost a decade has elapsed may I ask whether the Secretary will consider conducting another review in the near future on the present situation?
畢竟現在與10年前的情況有所分別。
After all the present situation is different from that 10 years ago
有些東西變相是外國組織迫香港做，香港就立即做，但工商界希望政府做，卻不知道政府何時才會做。
In a sense Hong Kong will take immediate actions when pressed by foreign organizations; but if the commercial and industrial sectors request the Government to take certain actions it is uncertain when the actions will be taken
希望政府及局長作出承諾，在最短時間內為我們提供檢討結果。
I hope that the Government and the Secretary will promise to tell us the review results as soon as possible
剛才有同事問及相關的問題，我想提出更具體的問題。
Some colleagues have asked similar questions and I would like to raise a more specific question
鑒於業界很擔心《稅務條例》第39E條會窒礙港商的投資意願，局長可否告知我們，這方面的事宜究竟是否已納入粵港澳大灣區發展規劃的議事日程上？
As the sector is very worried that section 39E of IRO will dampen Hong Kong businessmens investment interest will the Secretary tell us whether this matter has been included in the agenda of the Bay Area development scheme?
當然，為了避免稅務漏洞，《條例草案》亦指明有關連企業只可有一家企業受惠。
Of course in order to avoid tax loopholes the Bill also stipulates that among connected enterprises only one can benefit
它的政策目的是甚麼？
What is its policy objective?
去年3月行政長官仍是行政長官候選人時，我得悉她有這樣的提議。
I learnt that the Chief Executive had such a proposal when she was still a Chief Executive candidate last March
但是，提議的政策 目的究竟是甚麼？
That said what is actually the policy objective of the proposal?
較低利得稅稅率當然會減輕部分企業，尤其是中小企及初創公司的稅務負擔，有助提高本港的競爭力，推動經濟增長，營造有利的營商環境。
Lower profits tax rates will certainly alleviate the tax burden on certain enterprises particularly small and medium enterprises SMEs and start - up companies enhance the competitiveness of Hong Kong promote economic growth as well as create a favourable business environment
但是，大家均知道，有些非上市公司的業務眾多，營業額很高，利潤亦很高。
However it is known to all that some non - listed companies have extensive lines of business yielding high turnovers and huge profits
所以，經過多番考慮，我仍要支持這個方案，並非因為方案有很明顯的政策目的，但方案始終可以幫助中小企及初創企業。
As such I have decided to support the proposal after repeated consideration . The reason is not that the proposal has any obvious policy objective but that it can after all help SMEs and start - up enterprises
正如政府向立法會提交的文件所指，低稅率會惠及做得比較好的社會企業，減低社會企業的負擔。
As indicated in papers submitted by the Government to the Legislative Council low tax rates will benefit successful social enterprises and reduce their tax burden
此外，兩級稅制可讓國際社會認識香港這個經濟體的稅制。
In addition the two - tiered tax regime can enable the international community to understand the tax system of Hong Kong as an economy
因為我覺得並希望香港仍是一個實行簡單稅制的地方。
The reason is that I believe and hope that Hong Kong is still a place that implements a simple tax regime
我要提醒政府的另一點是，本港現時的稅制之所以具競爭力，除了因為稅率低外，更因為本港的地域來源徵稅原則仍是世界獨有。
Another point I would like to remind the Government is that the tax regime of Hong Kong is competitive not only because of its low tax rates but also its territorial source principle of taxation that is still unique in the world
我 們的地域來源徵稅原則並非這數十年創造出來，我們從一開始徵稅便是採用這原則。
We have not developed the territorial source principle of taxation over the recent decades . Rather we have adopted such a principle from the very beginning
我們採用地域來源徵稅原則，目的並非要搶奪其他司法管轄區的生意，這一原則行之已久，目的並非讓香港成為避稅天堂。
We have not adopted the territorial source principle of taxation for the purpose of seizing the businesses of other jurisdictions . Such a well - established principle does not aim at making Hong Kong a tax haven
香港作為一個先進經濟體系及國際金融中心，與時並進引入一些國際要求的稅務改革是絕對必要的，尤其是稅務透明度及國際合作等方面。
Since Hong Kong is an advanced economy and an international financial centre it is absolutely necessary for it to keep abreast of the times and introduce certain tax reforms as required by the international community particularly in such areas as tax transparency and international cooperation
我亦希望政府可以加快與其他司法管轄區或國家簽訂全面性避免雙重課稅協定。
I also hope that the Government can expedite the signing of comprehensive double taxation agreements with other jurisdictions or countries
相對今年財政預算案提及香港大約1,380億元盈餘，這損失了的稅收是否值得？
Compared with a surplus of some 138 billion of Hong Kong as referred to in the Budget this year will the amount of tax forgone be worthwhile?
會否有更多外來投資者因為香港的低稅率，選擇香港為投資平台或投資切入點？
Will more foreign investors choose Hong Kong as a platform or entry point for investment because of our low tax rates?
代理主席，利得稅稅率降低1.5%是一個非常大的動作，會影響我們的稅基。
Deputy President to lower the profits tax rate by 1.5 % is a major move that will affect our tax base
很多同事聽到我說稅基狹窄時會有很大的反彈，擔心是否要設立新稅種或加稅。
My remarks on a narrow tax base triggered backlash from many Members they are worried whether new types of tax or higher tax rates will be introduced
從健康的公共財政角度來看，擴闊稅基是長遠需要，長遠穩定的稅基與簡單低稅制兩者並行不悖。
From the perspective of sound public finance there is a long - term need to broaden our tax base and a stable tax base in the long run does not run counter to a simple and low tax regime
代理主席，香港作為一個國際金融中心，除了傳統的銀行、證券、保險等行業外，資產管理業務亦是必須積極發展的方向。
Deputy President as an international financial centre Hong Kong must actively develop its asset management business besides such traditional sectors as banking securities and insurance
特區政府在2016年年中已着手制訂開放式基金型公司結構的法律框架，並預期在今年實施開放式基金型公司的制度，俾能培養香港自身製造基金的能力。
The SAR Government embarked on setting up the legal framework for the open - ended fund company OFC structure in mid - 2016 . The OFC regime is expected to be put in place this year with a view to building up Hong Kongs own fund manufacturing capabilities
不過，根據現有的稅務安排，只有離岸開放式基金型公司才享有利得稅豁免，這難免會窒礙香港基金業的發展。
However under the current tax arrangements only offshore open - ended fund companies are eligible for profits tax exemption which will inevitably hinder the development of Hong Kongs fund industry . The Inland Revenue Amendment No
《2017年稅務條例草案》旨在訂明在岸開放式基金公司在符合若干特定條件下，即可獲利得稅豁免。
4 Bill 2017 the Bill seeks to prescribe certain specific conditions under which onshore OFCs are eligible for profits tax exemption
此等條件包括：有關公司必須是居港者；必須為"非集中擁有"；必須主要投資於證券及期貨事務監察委員會訂明的可投資資產類別，但可享有一定程度的靈活性，即10%的最低額豁免門檻，以及；交易必須透過合資格人士進行或由合資格人士安排進行等。
These conditions include the OFC must be a Hong Kong resident person; it must be non - closely held NCH; it must invest mainly in permissible asset classes specified by the Securities and Futures Commission but with a degree of flexibility ie . the 10 % de minimis limit; and the transactions concerned must be carried out or arranged by a qualified person
修例的好處，我相信剛才法案委員會主席已經詳細介紹，故此我不再重複。
I believe that the Bills Committee Chairman has already explained in detail the benefits of the Bill . Hence I am not going to repeat his points
作為法案委員會的其中一名委員，我支持通過《條例草案》，亦很高興看到政府因應法案委員會委員的意見而作出必要的修改，例如更清晰界定"合資格投資者"的定義。
As a member of the Bills Committee I support the passage of the Bill and I am very pleased to see that the Government has proposed the necessary amendments in light of the views of members of the Bills Committee such as providing a clearer definition of qualified investor
我在審議《條例草案》期間提出了兩項意見：第一，我希望政府日後能適時檢討擁有權條件下的持有權規定，以期吸引更多較具規模的基金來香港註冊，目標是將香港定位為高質的基金匯集地，創造更多高端的就業機會，從而成為香港金融發展上另一個新亮點。
During the scrutiny of the Bill I have put forward two points of view First I hope that the Government can review the ownership requirement under the NCH condition at regular intervals in future with a view to attracting more funds of a reasonably large scale to domicile in Hong Kong . The objective is to position Hong Kong as a premium location for fund domiciliation and create more high - end employment opportunities which will become another new bright spot in Hong Kongs financial development
當然，香港作為國際城市，時刻都要緊隨國際社會變更，修訂金融經濟法規，而立法會亦經常審議相關的法例修訂。
Of course as an international city Hong Kong has to keep up to date with the changes in the international community at all times by amending its financial and economic laws and regulations . Meanwhile the Legislative Council has often been scrutinizing amendments to relevant laws as well
香港過往賴以成功的因素，就是主動、積極及與時並進。
Hong Kong was successful in the past because of its willingness to take the initiative be proactive and keep up with the times
其他主要基金管轄區，例如英國和新加坡，目前都大力推動在岸基金業的發展，所以我想再一次提示特區政府須主動制訂時間表，檢討持有權的規定，不要只做追隨者，待其他地區做妥後才修改法例提交立法會審批。
Other major fund jurisdictions such as the United Kingdom and Singapore have been vigorously promoting the development of their onshore fund industry . For this reason I wish to once again remind the SAR Government to proactively set a timetable and review the ownership requirement and refrain from being a follower who simply waits until other jurisdictions have finished amending their legislation before introducing bills into the Legislative Council
這樣只會削弱我們的競爭優勢。
This will only undermine our competitive edge
第二方面，我在法案委員會會議上，要求政府考慮為此類公司發出居民身份證明書，讓這些公司在已經與香港簽訂全面性避免雙重課稅協定的其他稅務管轄區開展業務時可以獲得稅務優惠。
Secondly at the meeting of the Bills Committee I have asked the Government to consider issuing certificates of resident status to such companies with a view to facilitating them in seeking tax benefits in other tax jurisdictions which have signed Comprehensive Double Taxation Agreements with Hong Kong
當時，政府當局回應指，經濟合作與發展組織正因應打擊侵蝕稅基及轉移利潤的措施，制訂有關投資工具的稅務條約待遇的立場。
Back then the Government responded by noting that the Organisation for Economic Co - operation and Development OECD was formulating its position regarding tax treaty entitlements of investment vehicles relating to the initiative to combat Base Erosion and Profit Shifting
政府會留意國際間的相關做法，以確保一旦要給予有關公司稅務居民身份證明書時可符合國際慣例。
The Government will monitor relevant international practice to ensure that the issue of certificates of residence status to OFCs conforms to international standards
我希望一俟經濟合作與發展組織的立場清晰，政府能盡快跟進此事，以吸引更多有跨國業務的基金公司樂於選擇香港作為基金開拓業務的基地。
I hope that the Government will follow up on this matter expeditiously once OCED has made its position clear with a view to attracting more multi - national fund companies to choose to domicile in Hong Kong from where they will expand their fund business
我現在向各位提出的待決議題是：《2017年稅務條例草案》，予以二讀。
I now put the question to you and that is That the Inland Revenue Amendment No . 4 Bill 2017 be read the Second time
主席，《2017年稅務條例草案》的目的是修訂《稅務條例》，以實施行政長官在2017年施政報告中所宣布的利得稅兩級制。
President the Inland Revenue Amendment No . 7 Bill 2017 the Bill aims at amending the Inland Revenue Ordinance so as to implement the two - tiered profits tax rates regime announced by the Chief Executive in the 2017 Policy Address
法案委員會共召開了兩次會議。
The Bills Committee convened two meetings in total
我要特別感謝法案委員會主席周浩鼎議員及其他委員的努力，令審議工作順利完成。
I would like to particularly thank Mr Holden CHOW Chairman of the Bills Committee and other members for their efforts so that the scrutiny work could be finished smoothly
剛才我們很留心聆聽議員發表的意見。
We have just listened attentively to views expressed by Members
政府的政策目標是在維持簡單低稅制的同時，實行具競爭力的稅制以促進經濟發展。
The policy objective of the Government is to adopt a competitive tax regime to promote economic development while maintaining a simple and low tax regime
《條例草案》旨在將法團首200萬元利潤的利得稅稅率降至8.25%，即現行稅率的一半，其後的利潤則繼續按16.5%的稅率徵稅。
The Bill aims at lowering the profits tax rate for the first 2 million of profits of corporations to 8.25 % and profits above that amount will continue to be subject to the tax rate of 16.5 %
至於屬獨資或合夥業務的非法團業務，首200萬元利潤的稅率將相應下調至7.5%，即現行稅率的一半，餘下利潤的稅率則維持在15%的水平。
As for unincorporated businesses which are mostly sole proprietorships or partnerships the first 2 million of their profits will be lowered correspondingly to 7.5 % and the tax rate for the remaining profits will be maintained at 15 %
為確保受惠企業以中小企為主，我們建議限制"有關連實體"只可提名一家企業受惠。
To ensure that enterprises that will benefit are mainly small and medium enterprises SMEs we propose that among connected entities only one enterprise can be nominated to get the benefit
在建議的利得稅兩級制下，納稅法團和非法團業務每年分別最多可節省165,000元和150,000元稅款。
Under the proposed two - tiered profits tax rates regime a tax - paying corporation and unincorporated business may save up to 165,000 and 150,000 in tax each year respectively
假設有20%的納稅企業屬關連企業，實施新稅率會令政府稅收每年減少約58億元，相等於2016-2017年度利得稅收入總額4%。
On the assumption that 20 % of the tax - paying enterprises are connected enterprises the tax revenue forgone due to the implementation of the new tax rates will be about 5.8 billion per year or around 4 % of the total profits tax received in 2016 - 2017
不過，企業或可因此而提高營運規模及效率，我們亦希望它們日後可為政府帶來額外稅收。
However enterprises may thus enhance their scale of operation and efficiency and will hopefully bring in additional tax revenue in the future
法案委員會就建議的條例修訂作出了深入和詳細的討論，我希望在此回應委員和持份者關注的幾個事項。
The Bills Committee conducted in - depth and thorough discussions on the proposed legislative amendments . Now I would like to respond to several concerns of members and stakeholders
首先是利得稅兩級制的政策目標和受惠對象。
The first concern is the policy objective and beneficiaries of the two - tiered profits tax rates regime
法案委員會在審議《條例草案》時，曾有委員提出利得稅兩級制應否適用於從事物業買賣的企業。
When the Bills Committee scrutinized the Bill some members asked whether the two - tiered profits tax rates regime should be applicable to entities engaging in property transaction
就此，我希望指出，政府已實施特別印花稅及買家印花稅等措施，務求冷卻物業市場的投機及投資活動；不論物業交易所涉及的實體是自然人或公司，均受有關措施規管。
In this connection I would like to point out that the Government has implemented measures such as the Special Stamp Duty and Buyers Stamp Duty to cool down speculative and investment activities in the property market regardless of whether the entities involved in the property transactions are natural persons or companies
此外，企業如何進行業務或作出投資，屬該實體的商業決定。
In addition how an entity carries on its business or makes investment is a commercial decision of the entity concerned
我們不應因實施利得稅兩級制而令稅制變得複雜及削弱香港奉行簡單稅制的競爭優勢。
We should not by implementing the two - tiered profits tax rates regime complicate the tax system and undermine Hong Kongs competitive edge of having a simple tax regime
因此，我們建議，利得稅兩級制將不論業務而適用於所有合資格企業。
For this reason we propose that the two - tiered profits tax rates regime should be applicable to all eligible enterprises regardless of the nature of their business
此外，如何界定"有關連實體"亦為部分委員和持份者所關注。
In addition the definition of connected entity is also a concern of certain members and stakeholders
簡單而言，如果兩個實體中之其一控制另一實體，或兩者均受同一實體控制，該兩個實體一般會被視為"有關連實體"；而"控制"一般指直接或間接持有另一實體多於50%的已發行股本、表決權、資本或利潤。
Simply put two entities are generally regarded as connected entities if one of them has control over the other or both of them are under the control of the same entity . Control generally refers to holding directly or indirectly more than 50 % of the issued share capital voting rights capital or profits in another entity
有意見認為有關限制或會令利得稅稅制變得複雜，但也有意見認為"有關連實體"的擬議定義較《稅務條例》其他部分中"相聯者"的定義為寬鬆。
There are views that the restrictions may complicate the profits tax system but there are also views that the proposed definition of connected entity is less stringent than the definition of associate in other parts of the Inland Revenue Ordinance
在這方面，剛才亦有議員關注到為何我們以50%作為分界點。
In this connection just now some Members queried why the cut - off point was set at 50 %
其實，這主要是因為我們要讓稅制簡單、透明和容易實施，所以我們認為50%是一個合適的選擇。
In fact we consider 50 % a proper choice mainly because we need to make our tax system simple transparent and easy to be implemented
另外，為確保利得稅兩級制的受惠企業以中小企為主，我特別要提出，雖然剛才有許多議員表示覺得我們一視同仁，但其實我們對大企業和小企業有相對不同的處理方式。
In addition to ensure enterprises that benefit from the two - tiered profits tax rates regime are mainly SMEs I wish to highlight that we treat big businesses and SMEs in different ways despite the claims made by many Members that we treat all enterprises the same
因為我們已在修例中建議並提及會限制"有關連實體"只可提名一家企業受惠於兩級稅率，有些可能有數百或1,000家企業的有關連公司便因而只有當中一個實體可以受惠於此兩級稅率。
As we have proposed in the legislation to restrict the application of the two - tiered rates to only one enterprise nominated among connected entities only one entity among hundreds of or 1 000 connected companies will be able to benefit from the two - tiered rates
由於集團企業可透過不同實體進行不同業務，如果我們不加入有關的限制，跨國集團或上市公司旗下的大量實體便均能受惠於兩級稅制，這亦有違政府將優惠集中於中小企的政策目標。
If the relevant restriction was removed a vast number of entities within a multinational group or listed company would be able to benefit from the two - tiered tax regime given that conglomerates usually carry on different businesses via different entities . This would undermine our policy objective of targeting the tax benefits at SMEs
所以，我們在《條例草案》已就"有關連實體"訂明了剛才解釋的簡單、清晰而客觀的定義，有助將股東或合夥人間的爭議減到最低。
For this reason we provide a simple clear and objective definition of connected entity which I have just referred to in the Bill . This will help minimize disputes among shareholders or partners
至於會否有公司透過業務重組或其他安排濫用利得稅兩級制，我們希望議員明白，業務重組是正常的商業活動，不同商業機構有不同的風險狀況、資產回報率和成本結構。
As for whether companies will abuse the two - tiered profits tax rates regime through business restructuring or other arrangements we hope Members will understand that business restructuring is a normal commercial activity . Different business set - ups can have divergent risk profiles return on assets and cost structures
公司合併業務與否須審慎考慮所帶來的成本效益，屬於商業決定。
Costs and benefits have to be carefully considered prior to an amalgamation of businesses and that is a business decision
無論如何，政府會留意有關情況，以確保企業遵從法例的規定。
Nevertheless the Government will keep the situation under review to ensure that enterprises comply with the requirements of the law
此外，《稅務條例》中的其他防止濫用條文通常採用"親屬"的概念就"相聯者"作定義，這是為了防止將利潤轉移給親屬控制的公司。
In addition when defining the term associate in other anti - abuse provisions of the Inland Revenue Ordinance the concept of relative is usually adopted to prevent profits from shifting to companies controlled by relatives
但是，我們現時就擬議的利得稅兩級制而言，我們的政策重點是減輕中小企的稅務負擔。
However for our proposed two - tiered profits tax rates regime our policy priority is to reduce the tax burden on SMEs
由於同一家庭的成員或會各自經營不同業務，例如父親經營茶餐廳，兒子經營髮廊，我們認為向他們各自提供建議中的較低稅率是合理的做法。
Given that members of the same family may run different businesses independently such as a father operating a Hong Kong style cafe and his son operating a hair salon business it is reasonable we believe to apply the proposed lower tax rate to each of them
第二項是關注到同一家企業中來自合資格債務票據和其他業務應評稅利潤的徵稅安排。
The second concern is the taxation arrangement for assessable profits derived from qualifying debt instruments and other sources within the same enterprise
為免出現雙重優惠，擬議的利得稅兩級制將不適用於選擇現行優惠半額稅率稅制的企業，包括專業再保險公司、專屬自保保險公司、企業財資中心及飛機租賃公司。
In order to avoid double benefits the proposed two - tiered profits tax rates regime will not be applicable to enterprises electing the existing preferential half - rate tax regimes including professional reinsurance companies captive insurance companies corporate treasury centres and aircraft leasing companies
有關法團必須是主要從事相關業務的獨立法團，即使它們可從事其他商業活動，但來自該等活動的利潤所佔的百分比應少於25%。
The corporations should be standalone corporate entities engaging predominately in relevant businesses . Even if they are allowed to engage in other commercial activities the percentage of profits from those activities should be less than 25 %