The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Kingdom of Sweden signed an agreement regarding exchange of information relating to tax matters on 22 August 2014.
Under the agreement, contracting parties shall provide assistance through exchange of information that is foreseeably relevant to the administration and enforcement of the internal laws of the Contracting Parties concerning taxes covered by this Agreement. Such information shall include information that is foreseeably relevant to the determination, assessment and collection of such taxes, the recovery and enforcement of tax claims, or the investigation or prosecution of tax matters.
The agreement will enter into force after the contracting parties complete their constitutional and legal procedures and notify each other in writing of the completion.
