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Hong Kong FSTB undersecretary calls tax haven claims “unfounded and unfair”

Hong Kong’s undersecretary of financial services and treasury bureau (FSTB), Ceajer Ka-keung Chan, called the European Commission’s decision to include the city on its list of non-cooperative tax jurisdictions in mid-June as “unfounded and unfair.” According to Chan on his blog, the process that led to the formation of a 30-jurisdiction list did not meet the standards of global practices…

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