Double Taxation

Hong Kong needs more double-tax deals, says industry

Stanley Hui says city should enhance facilities. Photo: David Wong

Tung Chee-chen, the chairman and chief executive of Orient Overseas (International) Ltd, pinpointed double taxation agreements as being of key importance. He said more such comprehensive pacts would "reduce companies' costs but also improve Hong Kong as a trade, financial and shipping centre".

Friday, 1 March, 2013, 5:49am

Canada and Hong Kong end expats' double tax whammy

Canadian Prime Minister Stephen Harper

Hong Kong and Canada have signed a treaty to avoid double taxation and increase trade between the two economies.

Currently, income earned by Canadians in Hong Kong who are still deemed residents of Canada is taxable both here and at home.

12 Nov 2012 - 4:27am

We cannot dodge the issue of tax evasion

One of the legacies of the global financial crisis is the moral and political momentum it has added to the international pursuit of tax evaders. It surfaced at the summit of the Group of 20 large economies a year ago, when a dispute over tax havens resulted in Hong Kong being left with unclear status, neither in compliance with international tax standards nor in flagrant defiance of them.

1 Apr 2010 - 12:00am

EU explores exchange of tax information

The European Union is exploring how to get access to information about bank accounts its residents hold in Hong Kong as the city moves towards legislation that will help it comply with international tax governance standards.

27 May 2009 - 12:00am

Benefits beckon from mainland pact

Planned tax arrangements between Hong Kong and the mainland should boost the SAR's attractiveness as a regional headquarters for foreign companies, according to tax advisers for management consultants Price Waterhouse.

18 Mar 1998 - 12:00am

Feelers put out abroad for more double taxation pacts

The Government says it is exploring agreements with several other countries aimed at helping employees and companies avoid double taxation on income in the wake of an agreement struck with Beijing earlier this month.

21 Feb 1998 - 12:00am

Explaining initiative

Two articles in your newspaper ('New tax treaties may hit airlines', South China Morning Post, August 1, and 'Air-link pacts fuel debate on double taxation', Sunday Morning Post, August 4), show a misunderstanding of our recent initiative to incorporate a double taxation relief article into Air Services Agreements (ASAs).

25 Aug 1996 - 12:00am

HK under threat from lack of tax treaties

Hong Kong's status as a major regional corporate base is under growing threat because of the failure of authorities to establish double-taxation treaties with trading partners, according to accounting firm Coopers & Lybrand.

Unless this threat is addressed, the territory stands to lose many millions of dollars as corporates relocate elsewhere.

27 Jun 1996 - 12:00am

Speed is urged on treaties

THE Government should speed the signing of tax treaties with other countries in order to free multinational companies from double-taxation, a Deloitte Touche Tohmatsu tax expert says.

Senior tax manager Calvin Lam told a Rotary seminar the lack of taxation treaties and tax incentives was hampering Hong Kong's competitive edge over neighbouring cities.

15 Feb 1996 - 12:00am

Canada-based 'astronauts' liable for tax

MY entire family will be emigrating to Canada, but I will spend most of my time in Hong Kong to attend to my business. Do I have to declare the salary I earned from Hong Kong? YOUR liability for Canadian tax depends on your residency status.

10 Mar 1995 - 12:00am