Hong Kong uses aggressive taxation, it means the more money you make, the more tax you pay. Middle class in HK pay no more than 20% a year, and there is no sales tax. Hong Kong has one of the lowest tax rates regions in Asia.
Hong Kong has amazing views, of harbors and greens as well as real estate. They have crazy weather and storms. They also have a nice system of water transport.
hong kong, china
In Hong Kong, the income tax rate varies from 2% of total taxable income for the poorest people, to 17% for the more wealthy. If tax is calculated on net income (after deductibles) then a flat 15% rate is used for all.
Hong Kong DollarsThe Hong Kong Dollar or HKD.Hong Kong Dollars.
Hong Kong is a city in China, which is on the continent of Asia.
Hong Kong uses its own currency, The Hong Kong Dollar. It is accepted all over Hong Kong, The New Territories and Macau.Hong Kong Dollars
The Hong Kong currency is colloquially known as Hong Kong Dollars (HKD$).
Although, the Hong Kong government does not enforce a sales tax, it does implement taxes on other aspects such as income tax, house taxes, etc. Revenue is also obtained through tickets, public events, and transportation.
No, Hong Kong has its own currency the Hong Kong Dollar.
Either is acceptable, but Hong Kong is more common.
The Battle of Hong Kong took place in Hong Kong and Kowloon.