F.3B EPA Project
Low Tax Policy
Group Leader : Joyce Leung(19)
Group Members : Wing Chan(2)
Charmie Chan(3)
Cindy So(34)
Jennifer Tam(35)
Joyce Wu(37)
Hong Kong
Role of government
Profit Tax
Corporation
16.5%
Incorporate business
15%
Adopt low tax policy
Comparison of
the tax rate
Norway
25%
Types of taxation
Sweden
25%
Hong Kong
15%
Property Tax
Salaries Tax
Comparison of
the tax rate
Individual
Canada
16%
Corporate
Comparison of
the tax rate
Comparison of
the tax rate
Germany
45%
Denmark
(丹麥)
63%
Hong Kong
15%
Hong Kong
16.5%
United
States
35%
Japan
40%
China
25%
Hong Kong has
the lowest taxation
Hong Kong has
the lowest taxation
Disadvantages
Advantages
Can reduce
citizen’s
burden
Encourage
the labour
force to
work hard
Attracts
foreign
investment
Less government
revenue
People may evade
to pay tax (逃稅)
Decrease
the quality
of social
welfare for
citizens
Money need
should be
found in
other ways
Promote
economic
development