The article consists of three parts. The first part, which is also the lengthiest, reviews Hong Kong’s tax history from 1940 (when taxes on income were first introduced) until the present day. The second part considers the future. The third part considers what the rest of the world might be able to learn from the spectacular successes of Hong Kong’s tax system.
“The Hong Kong Tax System: Its history, its future and the lessons it holds for the rest of the world” (2010) 40 Hong Kong Law Journal 65-84.
* Reprinted with the permission granted by Hong Kong Law Journal and Sweet & Maxwell.