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Public views invited on estate duty review
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The Government today (July 20) issued a consultation
document to invite views from interested parties on the review on
estate duty.
A government spokesman said the Financial Secretary proposed in
his 2004-05 Budget Speech to conduct a review on estate duty to
examine whether the current duty regime should be adjusted to attract
more foreign capital.
"The consultation forms part of the review and will last for
three months, until October 20, 2004. Interested parties are welcome
to send their views to the Financial Services and the Treasury Bureau
by post, by fax (fax number: 2530 5921) or through electronic mail
(email address: edr@fstb.gov.hk)," the spokesman said.
"The Financial Secretary will present the findings of the review
in next year's Budget."
The consultation document has been sent to members of the Legislative
Council, political parties, professional bodies, chambers of commerce,
academics and other concerned bodies.
Members of the public may obtain the document from the internet
website: (http://www.fstb.gov.hk/eng/sfst/fstb.html),
or from District Offices, or from the office of the Inland Revenue
Department at Revenue Tower, Wan Chai.
Ends/Tuesday, July 20, 2004
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