The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP
The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP
China economy

China urged to join global minimum tax regime, as Hong Kong says it may be ‘restrained’ by new rules

  • Few obstacles stand in the way of China accepting a global minimum tax rate because the country is already a magnet for investors, analysts say
  • But the new tax arrangements agreed by G7 could impact Hong Kong, where foreign companies are treated to a range of concessions

Topic |   China economy
The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP
The Group of Seven agreed to a minimum corporate tax floor of 15 per cent at the weekend, new rules that could affect Hong Kong. Photo: SCMP
READ FULL ARTICLE