Hong Kong signs AEOI tax agreements with 6 jurisdictions

Belgium, Canada, Guernsey, Italy, Mexico and the Netherlands team with Hong Kong to curb tax evasion Hong Kong Governement has been seeking to expand Hong Kong’s AEOI network with worldwide tax treaty partners. The signing of agreements with six more… Continue Reading →

All Hong Konger look forward to The 2015-16 Budget

New year to greet a new start, hope the Budget fulfill Hong Kongers’ needs Financial Secretary John Tsang Chun- wah delivery The 2015-16 Budget which cause all Hong Konger attention. This is his eighth Budget since 2007.  Throughout these eight years, Hong Kong… Continue Reading →

Hong Kong, Korea tax treaty signed

Double taxation is the levying of tax by two or more jurisdictions on the same declared income, assets, or financial transaction. This double liability between Hong Kong and Korea is mitigated by tax treaties. Source: Press release of Inland Revenue… Continue Reading →

Switzerland pledges to lift veil on tax secrecy

Tightened net on offshore tax evaders, the remaining offshore financial centres, such as Hong Kong and Singapore, are expected to come under pressure to join in the new global standard on automatic information exchange for tax purposes. Source: Financial Times… Continue Reading →

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