Largest tax payer in HK ? A Bank,Law firm, The sport of kings

Sat at my desk at 5:30am this morning and Bloomberg was on , I heard an staggering fact that the Hong Kong Jockey club is the largest tax payer ! It contributes 11.7% of Hong Kong’s tax revenue. Surpluses from its operation are allocated to the Hong Kong Jockey Club Charities Trust.
The largest private donor of charity funds, contributing huge amount and one of the largest donors on the planet .
Bets this year at the club his a staggering $1billion a month !!

Good for the economy and for charity .

I thought it would be HSBC or another financial institution !

Tony Evans

Hong Kong Horse Bets Hit Record.



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