'Bad for our strategy' – treasurers hit out at HK's Beps plan
Hong Kong's draft rules on base erosion and profit shifting – perhaps the biggest shake-up of the corporate tax system since the 1940s – go too far, according to businesses in the city.
Treasurers have lashed out at the Hong Kong government's planned base erosion and profit shifting (Beps) law, warning it goes far beyond international standards and risks undermining legitimate business practices.
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