Tax Games: A Tale of Two Cities' Real Estate Strategies The ongoing competition for talent and capital between Hong Kong and Singapore is a story as old as the two cities themselves.
Recent developments in their respective efforts to woo fund managers have brought new light to this rivalry, with both cities trying to outdo each other through tax breaks.
At its core, the battle for investment business is not just about attracting assets; it's also about using tax breaks as a strategic tool to shape the urban landscape.