The Hong Kong office of the law firm Mossack Fonseca, which was embroiled in the Panama Papers scandal last year. Picture: AP
Jason Wordie
Opinion

Opinion

Then & Now by Jason Wordie

How the ultra-rich get richer thanks to tax havens such as Hong Kong and Monaco

Be they mainland Chinese, French or British, many of Hong Kong’s ‘permanent’ residents use its status as a tax haven to hide their wealth or to avoid paying higher tax in their own countries

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The Hong Kong office of the law firm Mossack Fonseca, which was embroiled in the Panama Papers scandal last year. Picture: AP
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