CONFIDENTIAL
294
150347
MDHIAN 2365
HKA 233/1
CONFIDENTIAL
FM HONG KONG
TO IMMEDIATE FCO
TELNO 1187
OF 011005Z MAY 92
INFO PRIORITY PEKING, UKREP JLG HONG KONG
TOP COPY @ DIST?
Pa
288
YRTELNO 723: HMOCS: TAX
1. THE ADVICE FROM THE INLAND REVENUE DEPARTMENT WAS PROVIDED ORALLY. WE UNDERSTAND THAT WHILST IT WOULD THEORETICALLY BE POSSIBLE FOR THE INLAND REVENUE TO ISSUE A DEPARTMENTAL INTERPRETATION THAT SUCH PAYMENTS WOULD NOT BE LIABLE TO TAX, THEY ARE WORRIED ABOUT A CHANGED INTERPRETATION POST 1997, BECAUSE THE CASE IS ARGUABLE AS THE LAW PRESENTLY STANDS.
2. WE HAVE REVERTED TO THEM USING THE ARGUMENTS IN TUR AND WILL ADDRESS THIS ISSUE URGENTLY AS YOU PROPOSE.
FORD
YYYY
115-
DISTRIBUTION
40
ΜΑΙΝ
40
.HER MAJESTY'S OVERSEAS
.CIVIL SERVICE RESTRICTED
HKD
LEGAL ADVISERS//MISS BROOKS
FED
NEWS D
RAD//MR WYE
OVERSEA PENSIONS/ODA//MR FISH
PS
PS/MR GOODLAD
PS/PUS
SIR J COLES
MR BURNS
MR KERBY
RMD
NNNN