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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (107995)	10/13/2014 10:53:34 AM
From: TobagoJack	1 Recommendation Recommended By Erik Bulmahn Read Replies (2) \| Respond to of 217975

Let us watch and brief The 50M was actually for ... , and I clip and paste from SCMP Quote He said he had not provided any service to UGL and therefore there was no conflict of interest. He also denied tax evasion. "Because this [income] is to compensate me for not competing with it [UGL] or poaching its staff, under the taxation system of Hong Kong there is no need to pay any tax," he said. Leung said the decision was reached after consulting his tax adviser, who had provided written advice. Asked if he could make public the document, Leung gave an indirect answer. "Such advice did exist. Over the past one or two days it has become clear that what matters is that [what is stipulated] in the contract is not income. The Australian firm also clearly stated that the money was not paid in exchange for any service. Rather, it was paid [to guarantee] what I wouldn't do, which is to compete with it and poach its staff." Unquote