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(Source : Information Services Department)

HK, Malaysia tax treaty in force


   The agreement between Hong Kong and Malaysia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has entered into force, a government spokesman said today (May 6).

   The agreement was signed in April last year. It came into force on December 28, 2012, after completion of ratification procedures on both sides. It applies in Hong Kong for any year of assessment beginning on or after April 1, 2013.

Ends/Monday, May 6, 2013
Issued at HKT 11:00