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PRESS RELEASE

(Source : news.gov.hk)

HK-Czech Republic tax treaty now in force

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The agreement between Hong Kong and the Czech Republic for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income is now in force, a Government spokesman said today (February 6).

The agreement was signed in June last year. It came into force on January 24 this year after the completion of ratification procedures on both sides. It will apply in Hong Kong for any year of assessment beginning on or after April 1, 2013.

Details of the agreement are available at the Inland Revenue Department's website
(www.ird.gov.hk/eng/pdf/Agreement_Czech_HongKong.pdf).

Ends/Monday, February 6, 2012
Issued at HKT 11:01

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