The public and donors generally pay high regard to a NGO which is recognized as a tax exempted charity under section 88 of the Inland Revenue Ordinance. In response to earlier comments and recommendations raised by the Audit Commission and the Legislative Council, the Inland Revenue Department has conducted more frequent review on tax exempted charities to ascertain whether they have fulfilled the requirements for tax exemption.
With 98% of our agency members being tax exempted charities, the Council has invited representatives of the Inland Revenue Department to update on the compliance requirements for tax exemption of charitable institutions at this upcoming seminar, including the definition of charitable purposes, requirements on governing instruments and Directors’ remuneration, etc. The speakers will also share on other issues that charities should be aware of to retain the tax exemption status. Details as follows:
Date: 22 February 2019 (Friday)
Time: 6:30pm-8:00pm
Venue: Duke of Windsor Social Service Building, 15 Hennessy Road, Wanchai
Target participants: NGO Board and committee members (top priority), advisors, company secretaries, agency heads and senior management of HKCSS Agency Members
Language: Cantonese (materials in English)
Interested parties please register online on or before 13 February 2019 (Wednesday). Successful registrants will be notified by email by 15 February 2019 (Friday).
For enquiries, please contact the Project team at 2922 9255.
