To the surprise (and relief) of many, the Financial Secretary did not introduce a sales tax in his last Budget. However, he announced the setting up of an independent committee to study its possible future introduction and to gather views from around the community This committee will be reporting its findings soon. RICHARD SIMMONS, an assistant professor at Lingnan University, where he lectures in taxation, looks at earlier attempts in Hong Kong to introduce such a tax, and considers whether current efforts will eventually be more successful.
|Number of pages||3|
|Journal||Hong Kong Business|
|Publication status||Published - Aug 2000|