Double Tax Rule Info
Double taxation arises when two or more tax jurisdictions overlap, such that the same item of income or profit is subject to tax in each.
In order to avoid double taxation, Hong Kong has signed Double Tax Treaties for the income not restricted to Airline or Shipping Income with the following 21 Countries:
In 2011 - Czech, Portugal and Spain.
In 2010 – Brunei, Netherlands, Indonesia, Hungary, Kuwait, Austria, UK, Ireland, Liechtenstein, New Zealand, Switzerland, France, Japan.
Before- Mainland China (1998,2007), Belgium (2004), Thailand (2005), Luxembourg (2007), Vietnam (2008).
The detailed information are shown in the following table:
| Country / Territory | Date of Signature of Arrangement | Date of S49 Order | Date of Entry into Force | Effective From |
|---|---|---|---|---|
| Austria | 25.05.2010 | 28.09.2010 | 01.01.2011 | Year of assessment 2012/2013 |
| Belgium | 10.12.2003 | 03.02.2004 | 07.10.2004 | Year of assessment 2004/2005 |
| Brunei | 20.03.2010 | 22.06.2010 | 19.12.2010 | Y/A 2011/2012 |
| Czech | 06.06.2011 | In progress | Awaiting notification | Pending |
| France | 21.10.2010 | 03.05.2011 | Awaiting notification | Pending |
| Hungary | 12.05.2010 | 28.09.2010 | 23.02.2011 |
Y/A 2012/2013 |
| Indonesia | 23.03.2010 | 22.06.2010 | Awaiting notification | Pending |
| Ireland | 22.06.2010 | 28.09.2010 | 10.02.2011 | Y/A 2012/2013 |
| Japan | 09.11.2010 | 12.04.2011 | 14.08.2011 | Y/A 2012/2013 |
| Kuwait | 13.05.2010 | In progress | Awaiting notification | Pending |
| Liechtenstein | 12.8.2010 | 03.05.2011 | 08.07.2011 | Y/A 2012/2013 |
| Luxembourg | 02.11.2007 | 22.01.2008 | 20.01.2009 | Year of assessment 2008/2009 |
| Luxembourg | 11.11.2010 | 03.05.2011 | Awaiting notification | Pending |
| Mainland of China (Note 1) | 11.02.1998 | 24.02.1998 | 10.04.1998 | Y/A 1998/1999 |
| Mainland of China | 21.08.2006 | 17.10.2006 | 06.12.2006 | Y/A 2007/2008 |
| Mainland of China (2nd Protocol) | 30.01.2008 | 15.04.2008 | 11.06.2008 | 11.06.2008 |
| Mainland of China (3rd Protocol) | 27.05.2010 | 28.09.2010 | 20.12.2010 | 20.12.2010 |
| Netherlands | 22.03.2010 | 22.06.2010 | Awaiting notification | Pending |
| New Zealand | 01.12.2010 | 03.05.2011 | Awaiting notification | Pending |
| Portugal | 22.03.2011 | In progress | Awaiting notification | Pending |
| Spain | 01.04.2011 | in progress | Awaiting notification | Pending |
| Switzerland | 06.12.2010 | In progress | Awaiting notification | Pending |
| Thailand | 07.09.2005 | 18.10.2005 | 07.12.2005 | Year of assessment 2006/2007 |
| United Kingdom | 21.06.2010 | 28.09.2010 | 20.12.2010 | Y/A 2011/2012 |
| Vietnam | 16.12.2008 | 21.04.2009 | 12.08.2009 | Year of assessment 2010/2011 |
Note 1:
The arrangement signed in 1998 has ceased to have effect on the date on which the Arrangement between the Mainland of China and the Hong Kong Special Administrative Region for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to Taxes on Income, entered into force in relation to the relevant types of taxes.