Macao adopts a simple and low tax system.   Macao taxes can be can be classified into direct and indirect  taxes.    Direct  tax  includes  industrial  tax,  complementary  (profits)  tax,  professional  tax, property tax.   Indirect tax includes excise tax, consumption tax, tourism tax and stamp duty. The  fiscal  year  in  Macao  is  calendar  year.  The  Director  of…