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Court rules H. Kong Anglicans must fork out million in taxes

The Hong Kong Anglican Church will have to pay 180 million Hong Kong dollars (US$23 million) in taxes following a court ruling, reports Ecumenical News International. The church had appealed to overturn a tax bill on profits made from the redevelopment of an orphanage into a luxury housing project.

The court on 27 January upheld the decision of the government in Hong Kong that the Anglican Church had not proved that profits it made from the redevelopment project had been spent on charitable activities. The Anglican church had argued that as a charitable body taxes on the project should be waived.

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TAGS: Hong Kong Anglican Church orphanage charitable body taxes

[02/08/2010]

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