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PRESS RELEASE

(Source : Information Services Department)

HK, Russia tax treaty in force

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     The agreement between Hong Kong and Russia 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 (August 5).

     The agreement was signed in January this year. It came into force on July 29, 2016, 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, 2017.

 

Ends/Friday, August 5, 2016
Issued at HKT 12:00

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