Annual Report 2019

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報表附註 FOR THE YEAR ENDED 31ST DECEMBER, 2019 截至二零一九年十二月三十一日止年度 ANNUAL REPORT 2019 年度報告 119 8. 所得稅（抵免）開支 （續） 於二零一八年三月二十一日，香港立法會通過 二零一七年稅務（修訂）（第 7 號）條例草案（「條 例草案」），引入兩級制利得稅率制度。條例草 案於二零一八年三月二十八日簽署成為法律並 於翌日刊登憲報。根據兩級制利得稅率制，合 資格企業之首 2,000,000 港元溢利將按 8.25% 之 稅率徵稅，而超過 2,000,000 港元之溢利則按 16.5% 之稅率徵稅。不符合兩級制利得稅率制 資格之集團實體之溢利將繼續按 16.5% 之劃一 稅率徵稅。 本公司董事認為，實行利得稅兩級制後所涉及 的金額對綜合財務報表而言甚微。香港利得稅 乃按兩個年度估計應課稅利潤之 16.5% 計算。 本集團部分利潤乃由本集團根據澳門特別行政 區離岸法律註冊成立之澳門附屬公司所賺取。 根據澳門特別行政區離岸法律，該部分利潤毋 須繳納澳門補充稅（目前按利潤之 12% 徵收）。 此外，本公司董事認為，目前本集團該部分利 潤亦毌須於本集團經營所在之任何其他司法權 區內繳納稅項。 根據中國企業所得稅法（「企業所得稅法」）及企 業所得稅法實施條例，自二零零八年一月一日 起，中國附屬公司之稅率為 25% 。本公司的一 間中國附屬公司於截至二零一九年十二月三十 一日及二零一八年十二月三十一日止本集團之 財政年度可享有高新企業 15% 的優惠稅率。 8. INCOME TAX (CREDIT) EXPENSE (Continued) On 21st March, 2018, the Hong Kong Legislative Council passed The Inland Revenue (Amendment) (No. 7) Bill 2017 (the “Bill”) which introduces the two-tiered profits tax rates regime. The Bill was signed into law on 28th March, 2018 and was gazetted on the following day. Under the two-tiered profits tax rates regime, the first HK$2 million of profits of the qualifying group entity will be taxed at 8.25%, and profits above HK$2 million will be taxed at 16.5%. The profits of group entities not qualifying for the two-tiered profits tax rates regime will continue to be taxed at a flat rate of 16.5%. The directors of the Company considered the amount involved upon implementation of the two-tiered profits tax rates regime is insignificant to the consolidated financial statements. Hong Kong Profits Tax is calculated at 16.5% of the estimated assessable profit for both years. A portion of the Group’s profits are earned by the Macau subsidiaries of the Group incorporated under the Macau SAR’s Offshore Law. Pursuant to the Macau SAR’s Offshore Law, such portion of profits are exempted from Macau complementary tax, which is currently at 12% of the profits. Further, in the opinion of the directors of the Company, that portion of the Group’s profit is not at present subject to taxation in any other jurisdiction in which the Group operates. Under the law of the PRC on Enterprise Income Tax (the “EIT Law”) and Implementation Regulation of the EIT Law, the tax rate of the PRC subsidiaries is 25% from 1st January, 2008 onwards. One of the Company’s PRC subsidiaries was awarded with the High and New – Tech Enterprise and entitled to preferential rate of 15% for the Group’s financial year ended 31st December, 2019 and 31st December, 2018.