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Estate Duty

90.      Many people have suggested to me that estate duty be reviewed in order to attract foreign capital, thus developing Hong Kong into the premier asset management centre for Asia. Towards this end, we will study the effects on the economy and on government revenue of adjusting estate duty and how best this should be effected to achieve the purpose of attracting foreign capital. I will present the findings of the study in next year's Budget.

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2003 | Important notices
Last revision date : 10 March, 2004