links for 2010-02-07

  • Many fung shui masters make a living out of being able to divine the future. Doubtless, then, they foresaw the taxmen coming their way. Thanks to the epic probate battle over the estate of the late billionaire Nina Wang Kung Yu-sum, the Inland Revenue Department has now clarified that fees and red packets given to fung shui consultants count as income and can be taxed. If some public good came out of what was essentially a private dispute, it is that the public coffers have found a new source of revenue.
    (tags: hongkong)

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This page contains a single entry by robot_dave published on February 7, 2010 8:05 PM.

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