9 October 2013
Orders to implement agreements with Italy, Guernsey and Qatar for the avoidance of double taxation
"The Comprehensive Agreements for the Avoidance of Double Taxation (CDTAs) ensure that investors will not have to pay tax twice on a single source of income," a HKSAR Government spokesman said.
The orders will be tabled at the Legislative Council on October 9 for negative vetting. The CDTAs will only take effect after both Hong Kong and the treaty partners have completed their ratification procedures.
Highlights of the CDTAs with Italy, Guernsey and Qatar can be found here.