Hong Kong / UK tax treaty coming into effect in April 2011 

Mar 2011

In this alert, we will discuss some of the key features of the comprehensive double tax agreements ("CDTA") between Hong Kong and the UK, which will shortly come into effect in Hong Kong on 1 April 2011 and in the UK on 6 April 2011, from the individual income tax perspective and share our observation in this respect.

With the newly signed CDTAs gradually taking effect in the near future, and the momentum of expanding Hong Kong's CDTA network, companies should take early steps to explore and prepare to secure the ample tax planning opportunities that will arise in order to facilitate the effective and cost efficient mobilisation of its business travellers and international assignees.
   
   
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