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CHAPTER 1 IS TAX REFORM REQUIRED IN HONG …

Reforming hong kong s Tax System - 1 - CHAPTER 1 IS TAX REFORM REQUIRED IN hong kong ? 1. hong kong is a highly resilient, vibrant and dynamic city. After being in the doldrums for several years, our economy has now recovered strongly. Our ability to sustain the prosperity of our economy, however, is dependent on the attractiveness of a low and competitive tax system, reliable provision of public services and sound government finances. If we allow any of these key attributes to deteriorate for even a short period of time, our continued success will be in jeopardy.

Reforming Hong Kong’s Tax System - 1 - CHAPTER 1 IS TAX REFORM REQUIRED IN HONG KONG? 1. Hong Kong is a highly resilient, vibrant and dynamic city.

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