Since the city only imposes three direct taxes, Hong Kong has one of the most straightforward tax systems in the world. There are also generous allowances and deductions to reduce the burden on ...

The region also encourages research and development activities by offering businesses 100 percent standard tax deductions for payments to educational and research institutions engaged in R&D efforts.

The deduction would cover services obtained from both public and private clinics, although those incurred from outside Hong Kong would not be eligible. Criteria for the proposed tax deduction ...

Hong Kong’s score, at 0.53, is the highest it has been in 30 years. Even though costs have increased, graduate salaries have plateaued. Rent prices ... the city’s low tax rates, flock ...

and Super Deduction Tax." said Airlangga in an official statement, quoted Thursday, January 9, 2024. The former leader of the Golkar party also said that there are several other potential cooperation ...