Hong Kong's big treasury centre pitch, one year on
Last May, Hong Kong passed significant tax savings to lure corporates to set up their treasury hubs in the city. All eyes are now on corporate tax filings due in August.
A year has passed since Hong Kong introduced tax perks for corporate treasury centres – an opening salvo in its fight to become the Asia-Pacific region's premier CTC hub. Now, corporates are anxiously awaiting August's tax filings, which will give the first practical indication of the measure's effectiveness.
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