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Budget for 2008/09

|Proposed Changes|Hong Kong
Hong Kong

The Budget for the financial year 2008/09 was presented by the Financial Secretary on 27 February 2008. Unless stated otherwise, the Budget proposals, when passed, will take effect on 1 April 2008. Details of the budgetary proposals affecting taxation are summarized below:

Special tax relief for period 2007/08

A one-off reduction of 75% of the 2007/08 fin…

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