The legislation is geared to helping Macao become a financial hub as part of the SAR’s plan to reduce its overwhelming economic dependency on gaming.
Macao finance
Tax rebates due to start at end of May, with an upper limit of MOP 14,000 for professional tax paid in 2020.
Chief Executive laments Macao continues to suffer the effects of Covid-19 and poor visitor numbers, rising unemployment and declining birth rate.
