[newbee]

Hi,

I am moving to HK in september and my package includes a 'housing assistance' which is paid seperately from my pay.

Would anyone be able to tell me if this amount is to be included in income for tax purposes?

Cheers,

NB

[PDLM]

It is taxable, but not simply as salary. Details are in the Inland Revenue's brochure here: http://www.ird.gov.hk/eng/pdf/pam44e.pdf

[larac]

Its all about the wording, "proper control" and making sure your company keeps good records. Check this out;

http://www.horwath.com.hk/-HW.asp?-n...lications2.asp

[penguinsix]

Do you mean is it taxable as HK income or US income? I think in the US it will be considered income, unless (and this is the case sometimes) the firm rents the place and lets you live there.