Full legislation
s.7
Exemption from taxation
A person to whom this Ordinance applies shall be exempt from all taxes, personal
or real,
except—
(a)
any indirect taxes of a kind which are normally incorporated in the price
of goods and services;
(b)
rates and taxes on private immovable property situated in Hong Kong, unless
he holds it on behalf of the United Kingdom for the purposes of the Joint
Liaison Group;
(Amended
81 of 1999 s. 3
)
(c)
estate, succession or inheritance duties levied in Hong
Kong—
(i)
on private movable property not acquired by the deceased person due
solely to his presence in Hong Kong as a person to whom this Ordinance
applies; and
(ii)
on private immovable property to which
subparagraph
(b) applies;
(d)
any taxes on private income, including capital gains, having its source in
Hong Kong and any capital taxes on investments made in commercial undertakings
in Hong Kong;
(e)
any charges levied for specific services rendered;
(f)
subject to
paragraph 3
of this
Schedule
,
registration, court or record fees, mortgage dues and stamp
duties.