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Hong Kong Companies Earn Tax Deductions For Eco-friendly Facilities

Aggregated Source: China Sourcing News
May 12, 2008|

Hong Kong plans an accelerated tax deduction for environment-friendly facilities as part of its Revenue Bill 2008. Subject to the passing of the Bill by the Legislative Council, amendments will be made to the Inland Revenue Ordinance (IRO). Eligible facilities are divided into two categories: environmental protection machinery and environmental protection installations. Environmental protection machinery includes low [...]

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