Hong Kong Tax News

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Treaty between Hong Kong and Vietnam - gazetted by Hong Kong

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Treaty between Hong Kong and Luxembourg enters into force

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Treaty between Vietnam and Hong Kong signed – details

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Treaty between Kuwait and Hong Kong initialed

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Treaty between Luxembourg and Hong Kong ratified

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HKIRD incorporates court decisions on principles relating to apportionment of expenses into its practices

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Second protocol to income tax arrangement between China and Hong Kong enters into force

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Treaty between Hong Kong and Vietnam – negotiations

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Treaty between Luxembourg and Hong Kong submitted to Luxembourg parliament

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Budget for 2008/09

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Second protocol to income tax arrangement between Hong Kong and China – details

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Treaty between Hong Kong and Luxembourg – gazetted by Hong Kong

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Hong Kong Inland Revenue Department advance ruling: no tax on profits from overseas branch of Hong Kong distribution company

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Treaty between Luxembourg and Hong Kong signed and details

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Reduction of profits tax announced by Chief Executive

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Indian decision on whether reimbursement of expenses to Hong Kong company should be subject to withholding tax

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Treaty between Luxembourg and Hong Kong initialled

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Decision that interest expenses incurred on loans for purposes of dividend payment deductible

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New income tax arrangement between China and Hong Kong signed

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Belgian Minister of Finance clarified application of Belgium–Hong Kong tax treaty

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Profits tax exemption for offshore funds enacted

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The first-time income tax treaty and protocol between Hong Kong and Thailand, signed on 7 September 2005, entered into force on 7 December 2005. The treaty generally applies from 1 January 2006 in Thailand and 1 April 2006 in Hong Kong

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French Court of Appeals decision on debt waivers granted to branches of foreign subsidiary by French parent company published

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Thailand and Hong Kong signed a first-time income tax treaty on 7 September 2005. Further details of the treaty will be reported subsequently.

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Hong Kong has announced that, beginning on 5 September 2005, negotiations will take place with China (People's Rep.) to expand and update the China- Hong Kong income tax treaty of 11 February 1998.

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