Sweden: Ratifies TIEA with Hong Kong
Sweden has ratified its TIEA with Hong Kong on November 19, 2014, which was signed on 22 August
See MoreUS and Hong Kong Sign Model 2 Intergovernmental agreement (IGA)
The United States and Hong Kong signed a Model 2 IGA, on 13 November 2014, to implement the US Foreign Account Tax Compliance Act (FATCA). Under the agreement, Foreign Financial Institutions (FFIs) in Hong Kong will report the information required
See MoreHong Kong and South Africa Sign Comprehensive Double Taxation Agreement (CDTA)
Hong Kong and South Africa have signed an agreement, on 17 October 2014, for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This agreement sets out clearly the allocation of taxing rights
See MoreChile-Hong Kong: FTA enters into force
The Free Trade Agreement (FTA) between Chile and Hong Kong will enter into force on 9 October 2014 which was signed on 7 September
See MoreHong Kong Signs on to New OECD Tax Info Standards
The government of Hong Kong has recently announced that it will support the Organization for Economic Cooperation and Development’s (OECD, Hong Kong's support for the new global standard on automatic exchange of information for the purpose of
See MoreHong Kong: SFC gazette on Revised Code on Real Estate Investment Trusts (REITs)
Revised Code on Real Estate Investment Trusts (REITs) has been gazetted by the Securities and Future Commission (SFC). Hong Kong's REIT portfolios have been widened to offer investors a diverse choice, from retail properties to commercial and hotel
See MoreHong Kong signed exchange of information agreement with Norway
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Kingdom of Norway signed an agreement regarding exchange of information relating to tax matters on 22 August 2014. Under the
See MoreHong Kong signed exchange of information agreement with Sweden
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
See MoreHong Kong signed exchange of information agreement with Iceland
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of Iceland signed an agreement regarding exchange of information relating to tax matters on 22 August 2014. Under the agreement,
See MoreHong Kong signed exchange of information agreement with Greenland
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of Greenland signed an agreement regarding exchange of information relating to tax matters on 22 August 2014. The Government of
See MoreHong Kong signed exchange of information agreement with Faroe Islands
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Faroes signed an agreement regarding exchange of information relating to tax matters on 22 August 2014. The Faroes concludes
See MoreHong Kong signed exchange of information agreement with Denmark
The Government of the Hong Kong Special Administrative Region of the People’s Republic of China and the Government of the Kingdom of Denmark signed an agreement regarding exchange of information relating to tax matters on 22 August 2014. Under the
See MoreHong Kong and Republic of Korea Sign bilateral Double Tax Agreement
In order to avoid double taxation, Hong Kong and Republic of Korea signed a double taxation agreement on 08 July 2014. The Agreement was concluded in the Chinese, Korean and English languages, each text having equal authenticity. In the case of
See MoreFTA negotiation commences between Hong Kong and ASEAN
The first round of the proposed free trade agreement (FTA) between Hong Kong and the Association of Southeast Asian Nations (ASEAN) was held on July 10 and 11. The major area covered in the negotiation include the elimination or reduction of
See MoreHong Kong: Advance Ruling for source of profits relating to branch’s transactions
An “advance ruling” is issued by the Inland Revenue Department addressing the locality of profits for Hong Kong tax purposes. Generally, there is no interpretive guideline regarding the source principle in the Hong Kong’s law. Therefore, the
See MoreHong Kong emphasis to conclude ASEAN FTA
Hong Kong is planning to give emphasis on finalizing the proposed Hong Kong-Association of Southeast Asian Nations (ASEAN) free trade agreement (FTA) as quickly as possible. The Secretary for Commerce and Economic Development Gregory So announced
See MoreHong Kong: FATCA Agreement Nears Conclusion
Hong Kong and the United States are nearing a conclusion to negotiations for an inter-governmental agreement (IGA) to pave the way for Hong Kong financial institutions to comply with the Foreign Account Tax Compliance Act (FATCA). The FATCA is due
See MoreHong Kong Ensures Low-Tax Policies
The Financial Secretary has said that spending will be limited to 20 percent of the GDP so that the low tax regime may be retained without problems in balancing the budget. The Working Group on Long Term Fiscal Planning which was set up in June 2013
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