Exclusive: Hong Kong plots broadened treasury centre activities
Companies setting up treasury centres in Hong Kong could be given greater scope to benefit from half-rate tax concessions, CT has learnt. However, it seems, the regulators are keen for companies to set up legal entities in the city to enjoy the tax perks.
In a bid to make Hong Kong an attractive venue for companies to set up treasury centres, the government has revised draft proposals to incorporate more activities that would benefit from substantial tax reductions.
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