On 21 February 2023, Hong Kong has deposited its instrument of approval for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS Convention).
Pursuant to Article 35(7)(b) of the Convention, the People’s Republic of China on behalf of the HKSAR hereby notifies the confirmation of the completion of the HKSAR’s internal procedures for the entry into effect of the provisions of the Convention with respective agreements.
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