Hong Kong: Narrow Tax Base To Constrain Fiscal Stimulus

June 2009
Emerging Markets Monitor;6/1/2009, Vol. 15 Issue 9, p8
Country Report
The article reports on the tax reduction plan announced by the government of Hong Kong, China for fiscal year 2009 to help the economy to cope with the current recession. It also offers a look at the total fiscal stimulus and relief spending of the country. It discusses the revenue and economic forecast for the country. It relates that aside from tax cuts, the government also introduced the waiver of business registration fees.


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