On 16 January 2017, officials from Belarus and Hong Kong signed an income and capital tax treaty. The treaty is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Belarusian tax on income, tax on profits, income tax on individuals, and tax on immovable property. It covers Hong Kong profits tax, salaries tax, and property tax.
Withholding Tax Rates
- Dividends - 5%
- Interest - 5%
- Royalties - 3% for royalties paid for the use of, or the right to use, aircraf…