John Tsang Chun
KPMG publishes HK Budget Summary
Source:
KPMG On 1 February, Hong Kong's Financial Secretary, John Tsang Chun-wah, delivered his fifth Budget Speech to the Legislative Council. KPMG China on Thursday announced the publish of the Budget Summary, which outlines the proposed changes and comments on their implications.
KPMG welcomes the measures proposed in the latest Hong Kong budget, but urges the government to review the long standing narrow tax base structural issue to ensure it can cope with future challenges and remain competitive.