Interim Report 2019

26 Hop Fung Group Holdings Limited Interim Report 2019 簡明綜合財務報表附註 （續） 截至二零一九年六月三十日止六個月 NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (continued) For the six months ended 30th June, 2019 16. CONTINGENT LIABILITIES The tax audits conducted by the Inland Revenue Department (the “IRD”) on the Company and certain of its subsidiaries in respect of the years of assessment 2004/2005 to 2012/2013 are still on-going. The IRD had previously issued estimated/ additional assessments to the Company and certain subsidiaries of the Company in June 2006, October 2006, March 2011, March 2012, March 2013, March 2014, September 2014, March 2015, December 2015, March 2017 and January 2018 amounting to HK$72,645,000 in aggregate. The Group had lodged valid objections with the IRD against the relevant estimated/additional assessments. Su b s e q u e n t t o t h e l o d g eme n t o f t h e objections of the Group, tax payment of HK$1,993,000 was made during the year ended 31st December, 2006. Also, banker’s undertakings of HK$3,828,000 were arranged by the Group and had been accepted by the IRD as security for the payment of the above- mentioned tax. Further, tax reserve certificates of HK$10,181,000 in aggregate in respect of 2005/2006 and 2007/2008 to 2011/2012, pending the outcome of the tax audits and the objections, were purchased in December 2006, June 2014, November 2014, June 2015, March 2016, May 2017 and March 2018. As for the other assessments, the Directors of the Company are of the view that the Group is more likely than not to successfully argue that the income of these subsidiaries was not sourced in Hong Kong and also these subsidiaries were not carrying on business in Hong Kong, hence, it is not probable for the Group to be required eventually to settle the taxes demanded under those assessments. 16. 或然負債 就二零零四年╱二零零五年至二 零一二年╱二零一三年課稅年度 而言，香港稅務局（「稅務局」）就 本公司及其若干附屬公司之稅務 審核仍在進行中。 稅務局早前於二零零六年六月、 二零零六年十月、二零一一年三 月、二零一二年三月、二零一三 年三月、二零一四年三月、二零 一四年九月、二零一五年三月、 二零一五年十二月、二零一七年 三月及二零一八年一月向本公司 及本公司之若干附屬公司發出 估計╱額外評稅，稅額合共為 72,645,000 港元。本集團已就相 關估計╱額外評稅向稅務局提出 有效反對。 截至二零零六年十二月三十一 日止年度，本集團遞交反對書 後，已支付稅項 1,993,000 港 元。再者，本集團已安排銀行承 擔 3,828,000 港元作為支付上述 稅款之抵押，而稅務局已接受 該抵押。此外，於二零零六年 十二月、二零一四年六月、二 零一四年十一月、二零一五年 六月、二零一六年三月、二零 一七年五月及二零一八年三月就 二零零五年╱二零零六年及二零 零七年╱二零零八年至二零一一 年╱二零一二年購買儲稅券合共 10,181,000 港元，以待稅務審核 及提出反對之結果。 就其他評稅而言，本公司董事認 為本集團很大可能成功證明該等 附屬公司之收入並非源自香港， 及該等附屬公司並無於香港經營 業務，因此，本集團最終可能毋 須就該等評稅繳付稅項。