Hong Kong’s simple, low taxes: don’t we all want it?

“I did a little calculation yesterday,” says Stuart Iliffe, a Canadian working in Hong Kong as chief financial officer of publishing house PPP Co. Ltd.

“If I earned $100,000 [all figures Canadian unless noted] in Canada, after tax I would keep $64,000. If I earned $100,000 in Hong Kong, and made use of the married man’s tax allowance, I would keep $90,100.”

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