Hong Kong should be wary of how rampant tax avoidance practices in the city can tarnish its reputation. Photo: EPA-EFE
Hong Kong’s low taxes should not make it vulnerable to money launderers
Kalina Tsang and Eryn Schornick say the city must set up a public central register of beneficial owners to make it less attractive as a tax haven, thereby making it harder to move dirty money
Topic |
Financial regulation
Hong Kong should be wary of how rampant tax avoidance practices in the city can tarnish its reputation. Photo: EPA-EFE