Monday, November 30, 2015   

Accountants revive sales tax debate
(01-21 15:24)

A group of accountants has urged the government to revisit the idea of bringing in a goods and services tax, so the treasury may rely less on revenue generated from the property market.
The government shelved plans for a sales tax in 2006 amid strong public opposition.
But Loretta Shuen from CPA Australia, says a narrow tax base, coupled with an aging population, have increased the urgency for an overhaul of the tax system. --RTHK
Other Hong Kong breaking news:
Traders and food businesses rake in HK$5.2 trillion (11-27 17:36)
Villagers and developer convicted for village house scam (11-27 16:59)
Mainlander who laundered HK$2.5b jailed (11-27 16:20)
Leung Kwok-hung ejected from Legco lunch (11-27 16:18)
ATV exec Ip Ka-po convicted over delayed staff pay (11-27 16:17)
Another leaked HKU audio clip suggests legal action move (11-27 13:11)
Airport terminal cost blowout reaches HK$16.5b (11-27 12:58)
Hong Kong trade slide continues in October (11-26 17:01)
Unsteady island seen as cause of bridge delay (11-26 16:46)
Elderly Wong Tai Sin wife killer jailed (11-26 13:45)

More breaking news >>

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