Sunday, June 19, 2011

Hong Kong vs Singapore

Snapshot Summary :
---------------------------
. HK loses out in corporate tax race
. To Singapore
. In attracting foreign corporation to set base there.
. it however has several advantages going for it
. Proximity to mainland China
. Vibrant financial sector
. How long more could Singapore keep tax low ?

http://www.bloomberg.com/news/2011-06-20/tsang-struggles-to-meet-hong-kong-tax-cut-pledge-as-singapore-threat-looms.html

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