How can using an FTZ help to defer or reduce duty and tax? Companies involved in international trade may benefit by using an FTZ as a component in their overall indirect tax strategy. Most countries offer incentives to companies to defer or eliminate duty or taxes when activities are conducted in a zone. There are […]
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Daily Archives: September 21, 2013
Hong Kong International Terminals (HIT) on Strike
Dear All, Hong Kong biggest ocean container terminal, HIT, has been undergoing a strike to seventh day. Stevedores request a wage increase of 17% over a 2 year period. However, this proposal has been rejected by the employers. The Hong Kong Labour Department and HIT top management have involved but it seems the parties are […]
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