In Hong Kong, it's basically 16% income tax. No sales tax. No capital gains tax. There's little you can deduct.
It's my understanding that most of the governments money comes from, what is essentially, property tax (I think technically you can't own land in hong kong and it's sorta rented out by the government, but I think the more I'm typing the further away from the truth I'm getting).
It's my understanding that most of the governments money comes from, what is essentially, property tax (I think technically you can't own land in hong kong and it's sorta rented out by the government, but I think the more I'm typing the further away from the truth I'm getting).