Overlooking the Hong Kong skyline and Victoria Harbour

Published on 01.06.2010

2009 Tax Misery & Reform Index

Based on the tax misery index Hong Kong's tax situation is good

The Misery score is the sum of the taxes shown in the colored bars, at the highest marginal percentage in each locale. It's our best proxy for evaluating whether policy attracts or repels capital and talent. The countries at the top of the chart impose the harshest taxes while those at the bottom are the most tax friendly. The Reform column reflects a reduction in misery (a negative number highlighted in red) or an increase in misery in the past year. In most of the world local governments are usually funded from property taxes, which aren't part of the Misery Index.

Full index at Forbes.com