Hong Kong signs a tax agreement with Pakistan

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The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Islamic Republic of Pakistan have signed an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. The agreement was signed on 17 February 2017 and will come into force when the two countries have ratified the provisions and notified each other of the completion of procedures.

Under the treaty, the withholding tax on dividends, interest and royalties will be at 10% of the gross amount. The agreement was signed on 17 February 2017 and will come into force when the two countries have ratified the provisions and notified each other of the completion of procedures.

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