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Europe (and HK) already have Luxembourg for that.
by quantguy11959 7y ago
Europe (and HK) already have Luxembourg for that.
- SomeOldThrow 7y agoI assumed this meant outside the EU, similar to HK’s status compared to mainland China.
- quantguy11959 7y agoNo, it’s about where money flows to avoid taxes. The comment suggested money will flow into the UK from Europe after Brexit to avoid tax, however Europe already has Luxembourg.
- SomeOldThrow 7y agoIsn’t Luxembourg an EU capital city? How would that help avoid EU tax? Edit: I see you are referring to country specific taxes. Where does Hong Kong play into this then—why not just say tax haven?