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(Source : Information Services Department)

HK, South Africa tax treaty in force
    The agreement between Hong Kong and South Africa for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income has entered into force, a Government spokesman said today (November 3).

    The agreement was signed in October last year. It came into force on October 20, 2015 after the completion of ratification procedures on both sides. It will be in effect in Hong Kong for any year of assessment beginning on or after April 1, 2016.

Ends/Tuesday, November 3, 2015
Issued at HKT 17:28