INTRODUCTION

HONG KONG PAST

• A Tradition of Success
  
• The Government's Contribution
  
• 1995 Performance
  
• 1995 Outturn
  
  • Expenditure
    
  • Revenue
    

HONG KONG PRESENT

• 1996-97 Prospects
  
  • 1996 Forecast
    
  • The Trading Environment
    
  • The Domestic Economy
    
• Social Concern
  
• Expenditure Estimates
  
• Revenue Proposals
  
  • General Principles
    
  • Living within Our Means
    
  • Fees and Charges
    
  • The Reserves
    
• Areas of No Changes
  
  • Tax Enforcement
    
  • Source Concept
    
  • Tax Relief for Housing-Related Expenditure
    
  • Profits Tax
    
  • Depreciation Allowances
    
  • Stamp Duty on Stock Transfers
    
  • Rates
    
  • Alcohol Duty
    
• Tax and Duty Increases
  
  • Tobacco Duty
    
  • Fuel Duty
    
  • Bets and Sweeps Tax
    
  • Air Passage Departure Tax
    
• Tax Concessions
  
  • Salaries Tax
    
  • Estate Duty
    
  • Stamp Duty on Property Transactions
    
  • Motor Vehicle First Registration Tax
    
  • Refurbishment Allowance for Hotels
    
• Implementation
  
• Overall Financial Position 1996-97
  
• Medium Range Forecast
  

HONG KONG FUTURE

• Economic Prospects
  
• A Modern Business Environment
  
• A World-Class Infrastructure
  
• Manufacturing
  
• Services
  

CONSULTATIONS WITH CHINA

CONCLUSION

SUPPLEMENT

• Salaries tax concessions
  
• Adjustment to duty rates
  
• Economic performance in 1995
  
• Economic prospects for 1996
  

Addendum - The Services Sector : Support and Promotion