White-collar Chinese in Hong Kong face shock tax bills from mainland

Bank executives told to pay tens of thousands of dollars on top of local levies

20200709N Prosperous Hong Konger

Workers take their lunch breaks in Hong Kong's Central financial district. © Reuters

NIKKI SUN, Nikkei staff writer

HONG KONG -- Mainland professionals living and working in Hong Kong and Macao have been asked to pay additional Chinese income tax starting this year, a move some say risks triggering an exodus of talent in the two special administrative regions.

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