WWD.com/business-news/legal/li-fungs-tax-win-upheld-5807332
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Li & Fung Ruling Upheld in Tax Case

Chinese company does not have to pay Hong Kong taxes on profits earned offshore.

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Hong Kong-based Li & Fung Ltd. said Monday that a Court of Appeal has ruled in favor of its subsidiary Li & Fung (Trading) Ltd. in upholding a judgment by a lower court in connection with offshore...

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