tax reform – Charm

Robert Lee Wai-wang at his offices in Central. Photo: Jonathan Wong

Hong Kong gazettes tax break for fund managers’ bonuses to bolster role as wealth hub

2 months ago03 mins

The Hong Kong government gazetted a bill on Friday that, if passed, would waive salary tax on fund managers’ performance-linked bonuses, so long as they meet certain requirements, in a move to introduce further tax reform to strengthen the city as a wealth management centre. The bill, which will be first read by lawmakers on…

Explainer-India’s complex GST tax and how Modi’s reform will make goods cheaper

Cs news11 months ago05 mins

By Nikunj Ohri NEW DELHI (Reuters) -Prime Minister Narendra Modi has proposed India’s biggest tax reform in eight years to lower consumption levies on everyday goods and small cars from October, in a move seen as boosting his his image amid trade tension with Washington. The structure of the Goods and Services Tax (GST) is…