Hong Kong Government Announces Action Plan to Promote Development of Corporate Treasury Centres in Hong Kong

The Hong Kong Government has announced an action plan to promote the development of corporate treasury centres in Hong Kong. This includes, among other things, revamping the existing tax concession regime applicable to corporate treasury activities and introducing a more competitive tiered system, and the continued expansion of Hong Kong's tax treaty (agreement) network.

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Government announces Action Plan to Promote Development of Corporate Treasury Centres in Hong Kong

The Secretary f…