Chen Maobo, director of the Hong Kong Finance Department, believes that whether Hong Kong is prematurely increased tax, and said that the Hong Kong government will master the people's conditions and business conditions and trial the situation.
Chen Maobo said on Sunday (November 26) on the Hong Kong commercial radio program that Hong Kong's tax system is simple and tax will fluctuate with the economic environment.It is promoting the minimum tax rate in the world, which may be implemented from 2025 to 2026. Hong Kong will increase the annual tax of HK $ 15 billion (S $ 2.5 billion). If you do it early, it will be "rushed", which is not a wise approach.
According to Ming Pao reports, Chen Maobo wrote in a blog last week that some APEC members are thinking about increasing the source of taxes, causing the business community to pay attention to whether Hong Kong wants to increase taxes.
Chen Maobo said on the Shangtai program that Hong Kong has entered a new stage and needs to invest in future investment, balance the economy, and develop finance and innovation to provide citizens with job opportunities.He emphasized that while the government is prudent financial management, there will be positive measures to create development capacity and do a good job of land and house supply and transportation infrastructure.
As for the economic outlook, Chen Maobo said that at the Asia -Pacific Economic Cooperation Leaders Summit, various economies have consensus, and the high -interest environment will last for a long time. It is believed that it is difficult to reduce next year and need dynamic assessment in the long run.He said that it will not be easy for one year next year. The economic slowdown and high geopolitical risks will cause great fluctuations in the financial market. Investment needs to be more careful. The Hong Kong economy will grow, but the speed still needs to be evaluated.
Chen Maobo said that the downward settlement of mainland China will have an impact on Hong Kong, but Hong Kong's consumption and investment are now growing.It can be restored to 80 %, and it will be fully recovered next year.
He also said that it is not easy to raise funds worldwide around the world, and it is said that Hong Kong talents and funds are gathering, which is attractive to enterprises.
