Hong Kong Looks to 2025 for Global Minimum Tax Implementation
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Hong Kong Looks to 2025 for Global Minimum Tax Implementation
Hong Kong Financial Secretary Paul Chan said on February 22 that Hong Kong will implement the 15% minimum corporate tax rate in 2025 in accordance with the OECD-led agreement. The change is expected to raise HK$15 billion ($1.9 billion) in tax revenue annually.
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