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Venture Capital News

Shanghai Considers Tax Breaks to Lure Private Equity

October 30, 2008

A senior government official announced Friday that Shanghai is looking at scrapping its 20 percent capital gains tax on hedge funds and using other incentives to lure more venture capital and private equity to the city. Fang Xinghai, director-general of the Shanghai Municipal Government’s Financial Services Office, said it would be “wrong” to slow the […]

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