The Hong Kong Inland Revenue Department (IRD) has issued a notice on the property tax obligations of property owners, including for property solely owned by individuals, property jointly or co-owned by individuals, and property owned by corporations and bodies of persons. --- INLAND REVENUE DEPARTMENT NOTICE Property Tax - Obligations of Property Owners Property tax is charged on property owners by reference to the actual rent receivable (including lease premium) in the relevant year of assessment. Owners in receipt of rental income must inform this Department in writing if they are liable to tax and supply the particulars of the...