An Oxfam research report ranks Hong Kong as the world’s ninth-worst tax haven and a favourite spot to which major European banks shift their handsome profits. Photo: Bloomberg

How Hong Kong can shed its reputation as a tax haven

Kalina Tsang says the government’s half-hearted attempt to enforce better information sharing with other jurisdictions to combat cross-border tax evasion does not go far enough, and it should be bolder

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An Oxfam research report ranks Hong Kong as the world’s ninth-worst tax haven and a favourite spot to which major European banks shift their handsome profits. Photo: Bloomberg
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