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Essay heading: tax base
 
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Issue: Social Issues
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Date added: July 15, 2000
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No of pages / words: 8 / 2021
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Most of our profits come from …. (statistical support on proportions of GDP) The tax system in Hong Kong, however, has plenty of room for improvements. The tax revenue comes from a limited range of sources. Most income from these sources varies widely according to economic conditions outside our control...
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Most income from these sources varies widely according to economic conditions outside our control. So the research question I am attempting to answer is whether a reform to broaden Hong Kong’s tax base necessary for the sustainable prosperity of HK’s economy. Like everything which has two sides of the coin, the broadening of Hong Kong’s tax base would result in both positive and negative effect economically and socially...
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