Chief Executive Carrie Lam attends the Canadian Chamber Luncheon on Monday. The two tax measures Lam announced in her policy address signal a competitive new direction for Hong Kong’s tax system: using tax policies to strategically support economic growth. Photo: Edward Wong

Tax reform in Hong Kong can drive new engines of economic growth

Ayesha Lau says that as global tax rates fall, Hong Kong’s traditional advantages are eroding, and tax policies should now be used to encourage sectors where the economy has room to expand

Topic |   Hong Kong economy

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Chief Executive Carrie Lam attends the Canadian Chamber Luncheon on Monday. The two tax measures Lam announced in her policy address signal a competitive new direction for Hong Kong’s tax system: using tax policies to strategically support economic growth. Photo: Edward Wong
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