Following is the transcript of remarks by the Secretary for Food and Health, Professor Sophia Chan, at a media session in the Legislative Council Complex after the passage of the Inland Revenue (Amendment) (No. 4) Bill 2018 today (October 31):
Reporter: (about tax reduction)
Secretary for Food and Health: A number of people have actually raised the issue of the attractiveness of tax reduction. I want to reiterate the fact that tax reduction is just one of the incentives to motivate people to buy these Voluntary Health Insurance Scheme (VHIS) products. In fact, there are other attractive points in the VHIS, such as the quality of the products increasing the confidence of the people to buy the insurance products, the regulation of the products including the transparency of the costs, and all related improvement measures of the insurance products. All these together would hopefully attract more people to buy VHIS products.
(Please also refer to the Chinese portion of the transcript.)
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