11 Sept 2014
CHURCH BODY OF THE HONG KONG SHENG KUNG HUI AND ANOTHER v. COMMISSIONER OF INLAND REVENUE
- Citation
- CHURCH BODY OF THE HONG KONG SHENG KUNG HUI AND ANOTHER v. COMMISSIONER OF INLAND REVENUE
- Court
- Court of Appeal
- Case number
- CACV41/2010
On the facts found by the Board and on proper construction of the IRO, the Board erred in concluding there was a change of intention to trading by Sept 1989 or Dec 1990 because the pre-1993 activities amounted to enhancement/realisation of a capital asset rather than entry into a trading enterprise; the matter is remitted to the Board to determine whether any change of intention occurred in August 1993, December 1993 or other later date(s).