KPMG: Hong Kong needs RHQ incentive to catch up with Singapore

Accountancy group says Hong Kong must slash profits taxes for regional headquarters if it is to gain momentum in its battle with Singapore.
KPMG: Hong Kong needs RHQ incentive to catch up with Singapore
By Benny Kung
Oct 18, 2017
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Hong Kong needs to provide tax incentives to lure multinationals if it is to narrow the gap with Singapore, which continues to steal a march on its rival as a hub for regional headquarters in the Asia Pacific, according to a new report from accountancy group KPMG.

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