[Income Omission] 14-month Jail Sentence and Fine for a Businessman Convicted of Omitting Company Turnover and Property Rental Income of less than HK$1 Million

In our September 2022 Issue of Newsletter, we will discuss Hong Kong Tax Update on COVID-19 and two recent prosecuted tax evasion cases published by the Inland Revenue Department (“IRD”).3.  ​[Income Omission] 14-month Jail Sentence and Fine for a Businessman Convicted of Omitting Company Turnover and Property Rental Income of less than HK$1 Million Property Rental Income omission is a

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[Income Omission] 14-month Jail Sentence and Fine for a Businessman Convicted of Omitting Company Turnover and Property Rental Income of less than HK$1 Million