close
Share with your friends

Application for leave to appeal to the Court of Final Appeal: Aviation Fuel Supply Company v ...

Application for leave to appeal to the Court of F...

Hong Kong Tax Alert - Issue 16, September 2013

1000

Related content

blue sky and skyscraper on the right

Application for leave to appeal to the Court of Final Appeal: Aviation Fuel Supply Company v CIR and Braitrim (Far East) Limited v CIR

On 16 August 2013, the Court of Appeal granted the Commissioner of Inland Revenue leave to appeal to the Court of Final Appeal on whether a balancing charge should be imposed on Aviation Fuel Supply Company (AFSC) on the sale of plant and machinery. Subsequently, on 19 August 2013 the Court of Final Appeal dismissed the application for leave to appeal by Braitrim (Far East) Limited on whether Braitrim’s arrangement with mainland factories for the provision of moulds came within the statutory definition of a “lease”.

© 2020 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in China, KPMG, a Macau partnership and KPMG, a Hong Kong partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited  ("KPMG International"), a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

 

For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us