New user? Register here:
Email Address:
Password:
Retype Password:
First Name:
Last Name:
Existing user? Login here:
 
 
News >

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 ...

If you have a valid subscription to Church Times, please log in to view this content. If you require a subscription, please click here.
Job of the week

Online Vicar

London and Home Counties

SOUL SEARCH ONLINE VICAR 20 hours a week working from home, pay is £20,000 Are you passionate about evangelism? Does digital media excite you as a means to connect with people to share the goo...  Read More

Signup for job alerts
Top feature

Extending a ministry of welcome

Extending a ministry of welcome

One of London’s hidden treasures is about to be opened to the public. Leigh Hatts reports  Subscribe to read more

Top comment

The local and the global cannot be separated

The PM’s criticism of ‘global citizens’ does not provide an excuse to neglect people beyond our borders, argues Rowan Williams  Read More

Tue 17 Jan 17 @ 12:11
RT @InfoKempe@ChurchTimes @vicsoc Can anyone identify this Church? It is not St John Baptist Aldenham as noted at foot. Your hel… https://t.co/HDUbyWysRR

Tue 17 Jan 17 @ 11:40
UN launches largest-ever appeal for Syrian aid https://t.co/R22HNIOgQ7