Original Post
feelus

25-7-2020 19:19
Reply #21 hulk2211's post

I agree with this.

On a side note, the Chinese tax authorities recently changed rules such that Chinese citizens will now be taxed on their global income. That means a potential tripling of tax for Chinese citizens living in HK so you can expect an exodus of many of those (particular bankers and other high income earners) - unless their employers tax equalise. Increasing tax rates to 45% for HK will be the final nail in the coffin for HK

UsernameTimeCreditsReason
Bloodrage 26-7-2020 20:34 Acceptance +1 housing prices won't skyrocket if there are less ppl living in HK


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