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| Jun 2008 |
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The Hong Kong Inland Revenue Department has posted on its website on 29 May 2008 the following update on the double taxation agreement negotiation with Vietnam:
Negotiations between the Government of the Hong Kong Special Administrative Region and the Government of Vietnam
The 3rd round of negotiations for an agreement between Hong Kong and Vietnam for the avoidance of double taxation ("Agreement") was held on 26 and 27 May 2008 in Hong Kong. The negotiation was conducted in a friendly, cooperative and constructive atmosphere of mutual understanding. Consensus was reached on all the provisions of the proposed Agreement, except that the Vietnamese Side has to seek the approval from its relevant authority on a certain technical issue. The proposed Agreement was initialed after the negotiation and both sides will endeavour to arrange for the formal signing of the proposed Agreement. | |
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