Hong Kong tax revenue jumps 22% to HK$458 billion

    Hong Kong tax revenue jumps 22% to HK$458 billion

    Hong Kong’s tax revenue rose by 22 per cent to HK$458.3 billion (US$58.5 billion) in the past financial year, driven by a buoyant stock market and increased property transactions. Commissioner of Inland Revenue Benjamin Chan Sze-wai announced on Monday the provisional tax figures for the year ending March 31. Stamp duty jumped by 61 per…

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