Double Tax Agreements Hong Kong

-September 17, 2021-

Double Tax Agreements Hong Kong

Mike Burroughs

Hong Kong has maritime agreements with Denmark, Germany, the Netherlands, Norway, the United Kingdom and the United States. The Hong Kong Tax Treaty Network is trying to remove the obstacle to double taxation of foreign investment by helping to structure transactions at minimal tax cost. The finance department receives bilateral or multilateral ABS requests and requests an annual report. They offer not only protection against the risks of double taxation, but also greater security of tax liability. In August 2006, the Chinese and Hong Kong authorities signed an agreement to avoid double taxation, which aims to ensure that investors and taxpayers in both places have the security of the tax debt and offer tax savings. . . .

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