The Chief Executive of Macau, Ho Iat Seng, has warned that a decline in gambling taxes could impact the financial situation, urging an expansion of the tax base to address risks.
Macau Chief Executive Ho Iat Seng warned that if monthly gaming tax revenue falls below 15 billion Macau patacas, it could lead to a fiscal deficit, and emphasized the urgent need to reconsider Macau's tax structure.In his policy address, He Hui pointed out that the current fiscal model is overly de