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INSIGHT: What the Li & Fung verdict will mean for Hong Kong taxpayers

Joe Dalton
February 09, 2012
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Victory for Li & Fung in its hearing before Hong Kong’s Court of Appeal next week will give much relief to companies which subcontract services to foreign affiliates, but if the Commissioner of Inland Revenue (CIR) triumphs it could turn Hong Kong’s tax principles upside down.

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