Tax Law

Liberty Chambers is highly regarded for expertise in tax law. 

In Hong Kong, the primary governing body for tax law is the Inland Revenue Department (IRD), which is responsible for the assessment and collection of various taxes, including profits tax, salaries tax, and property tax. 

The Customs and Excise Department handles customs duties and related tax matters. The Financial Services and the Treasury Bureau (FSTB) formulates tax policy and oversees tax legislation, while the Legislative Council (LegCo) enacts and amends tax laws.

Our Specialised Expertise

• Experienced Practitioners: Liberty Chambers houses a dedicated team of barristers with extensive knowledge and experience in tax law. Their understanding of complex tax issues is unparalleled.
• Current Knowledge: The legal landscape for taxation is continually developing. The barristers at Liberty Chambers stay abreast of recent changes, ensuring clients receive the most relevant and accurate advice.

Comprehensive Legal Services

• Wide Range of Services: We offer a wide range of legal services, including tax planning, compliance advice, and representation in disputes with tax authorities.
• Tailored Strategies: Recognising that each client has unique needs, the Chambers offer bespoke legal solutions to optimise tax positions and address specific challenges.

Insightful Legal Advice

• Effective Tax Planning: Liberty Chambers can assist clients in structuring their affairs to achieve tax efficiency while remaining compliant with all applicable laws.
• Risk Assessment: The barristers provide critical advice on the risks associated with various tax strategies, helping clients to mitigate potential liabilities and avoid penalties.

Dispute Resolution Expertise

• Strong Representation: In disputes with tax authorities, the team at Liberty Chambers is skilled in advocacy and can effectively represent clients in negotiations, appeals, and formal proceedings.
• Settlement Support: They are also adept at mediation and settlement negotiations, often achieving favourable outcomes without the need for extended litigation.

Cross-Border Taxation Acumen

• International Tax Issues: With many businesses operating on an international scale, Liberty Chambers has the expertise to navigate the complexities of cross-border taxation, including issues related to double taxation treaties.
• Global Expansion Guidance: Companies seeking to expand into Hong Kong or other regions can benefit from tailored advice on tax implications and compliance requirements.

Reputation for Excellence

• Established Credibility: Liberty Chambers is well-respected within the legal community, and their reputation for service excellence instils confidence in clients.
• Client-Centric Approach: Their emphasis on understanding clients’ businesses and objectives fosters strong relationships and ensures that clients feel supported throughout the legal process.

Educational Resources

• Transparent Communication: By prioritising communication and education, Liberty helps clients understand the implications of tax laws and the strategies being employed.

Conclusion

Engaging Liberty Chambers for tax law-related matters offers numerous advantages, from expert knowledge and tailored solutions to effective representation in disputes. Our commitment to client service and understanding of the intricacies of tax law make us an invaluable ally for individuals and businesses navigating the complex tax landscape in Hong Kong and internationally.

If you have further questions or need more specific information about their services, feel free to ask!