Hong Kong is behind on its taxes.
Hundreds of thousands of residents are still waiting for their salary-tax bills, which normally start to land in mailboxes in July. The hold-up is due to a legislative backlog linked to the anti-government protests that have gripped the financial capital for seven months.
Only about one-third of tax assessments for individuals had been made as of Dec. 31, according to the Inland Revenue Department. Authorities are further along in collecting corporate taxes, having assessed 77 percent of profit-tax returns as of Dec. 31. Assessments are the tax bills and refund notices that residents and businesses receive after filling out their returns.
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