26 Jun 2008
FUCHS, WALTER ALFRED HEINZ v. COMMISSIONER OF INLAND REVENUE
- Citation
- FUCHS, WALTER ALFRED HEINZ v. COMMISSIONER OF INLAND REVENUE
- Court
- Court of First Instance
- Case number
- HCIA1/2008
Sum C (the average of prior bonuses) is taxable under sections 8 and 9 of the IRO as a contractual entitlement representing income that substituted the bonus he would have received had employment continued; Sum B (two years' salary) is not taxable because its substance is compensatory for loss of office despite being provided for in the contract. Apportionment to Hong Kong service was rejected; costs awarded half to appellant on a nisi basis.