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Hong Kong orphanage profits taxed

by Ed Beavan

THE Hong Kong Anglican Church has been ordered to pay $HK180 million (£14.8 million) in tax on profits it made on an orphanage that it redeveloped into a luxury-housing project.

A court upheld a decision by the Hong Kong government and the Inland Revenue Review Board that profits made on the former St Christopher’s Home by the Church had not been used for charitable purposes. The building was redevel­oped in the 1990s, and the Church derived a profit of $HK1.119 billion between ...

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Lecturer in Biblical Studies

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I was there when the tsunami struck

I was there when the tsunami struck

Ten years ago, Maxwell Hutchinson and his wife were on holiday in Sri Lanka when it was torn apart by the tsunami. He tells how they survived  Subscribe to read more

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There is no divine right of managers

Business should be learning from the Church rather than the other way round, argues Justin Lewis-Anthony  Subscribe to read more

Thu 18 Dec 14 @ 15:00
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Thu 18 Dec 14 @ 12:10
'We are in a time of change.' @JustinWelby writes about the Green Report http://t.co/jBLBIETvbZ CT: http://t.co/N5LKWyZtLk