Hong Kong and Morocco will hold their first income tax treaty negotiations from 23 to 27 May 2025.Â
The Hong Kong Inland Revenue Department (IRD) has announced that Hong Kong and Morocco will hold their first round of income tax treaty negotiations from 23 to 27 May 2025.
A tax treaty, also known as a Double Tax Agreement (DTA), is a bilateral arrangement between two countries aimed at preventing the double taxation of income, whether passive or active. These agreements typically outline how much tax each country may impose on income, capital, estates, or other forms of wealth earned by individuals or entities with cross-border ties.
If agreed upon, this treaty would mark the first income tax agreement between the two jurisdictions and would require completion, signing, and ratification before it can take effect.