Current location:style >>
China's Hong Kong signs tax pact with Croatia
style6475People have gathered around
Introduction(Xinhua) 11:27, January 25, 2024HONG KONG, Jan. 24 (Xinhua) -- Christopher Hui, secretary for financ ...
HONG KONG, Jan. 24 (Xinhua) -- Christopher Hui, secretary for financial services and the treasury of the Hong Kong Special Administrative Region (HKSAR) government, on Wednesday signed a comprehensive avoidance of double taxation agreement (CDTA) with Croatia on behalf of the HKSAR government.
The agreement sets out the allocation of taxing rights between the two jurisdictions and will help investors better assess their potential tax liabilities from cross-boundary economic activities.
Under the agreement, Hong Kong companies can enjoy double taxation relief in that any tax paid in Croatia, whether directly or by deduction, will be allowed as a credit against the tax payable in Hong Kong in respect of the same income.
Noting that Croatia is one of the economies participating in the Belt and Road Initiative, Hui said he is confident that the agreement will further promote economic and trade connections between Hong Kong and Croatia, and offer additional incentives for the business sectors of both sides to do business or make investments.
"Hong Kong will continue to negotiate with trading and investment partners with a view to expanding its CDTA network. This could enhance the attractiveness of Hong Kong as a business and investment hub, and consolidate the city's status as an international economic and trade center," Hui added.
The Hong Kong-Croatia agreement is the 48th CDTA that Hong Kong has concluded. Including Croatia, Hong Kong has signed CDTAs with 17 member states of the European Union.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Interactions news portal”。http://saotomeandprincipe.highlanderdistrict.org/content-58f199897.html
Related articles
Tom Brady roast: Netflix live event features Robert Kraft and Bill Belichick reunion
styleINGLEWOOD, Calif. (AP) — Three months before Tom Brady gets roasted by critics as Fox Sports’ top NF ...
【style】
Read moreFlorida's 6
styleBOCA RATON, Fla. (AP) — Florida’s ban on most abortions after six weeks of pregnancy, before many wo ...
【style】
Read moreBlake Lively is seen in first
styleThe first official images from the upcoming film It Ends With Us have been released. An adaptation o ...
【style】
Read more
Popular articles
- Edward Olivares' grand slam and Mitch Keller's complete game lead Pirates over Angels 4
- Ukraine's army chief reports tactical retreat in the east, and warns of front
- Study says El Nino, not climate change, was key driver of low rainfall that snarled Panama Canal
- Castillo throws 7 shutout innings and then Mariners bullpen hangs on for 3
- The yearly memorial march at the former death camp at Auschwitz overshadowed by the Israel
- China highway collapse kills 19 in Guangdong
Latest articles
I'm jealous of my husband's dead ex
Harvey Weinstein's $300million net worth plummets to $25million since his 2017 downfall
Closing prices for crude oil, gold and other commodities
China highway collapse kills 19 in Guangdong
Putin is starting his 5th term as president, more in control of Russia than ever
Knies scores in overtime, Matthews
LINKS
- Bremen ends Stuttgart's 11
- Another race, another victory for Red Bull's Max Verstappen at Chinese GP
- Pogačar beats Van der Poel in a dominant win at Liège–Bastogne–Liège classic
- Kim Kardashian to produce new Netflix series Calabasas alongside Emma Roberts and I. Marlene King
- Mitchell Parker throws 7 scoreless innings as Nats blank Astros 6
- 8 shot, 2 men killed at a party in Memphis park
- Facebook billionaire Mark Zuckerberg, 39, stuns the internet with his WILD 'glow up'
- Palace scores 4 goals in opening 31 minutes on way to 5
- London police to meet with Jewish leaders as protests spark safety concerns
- Bridgerton's Nicola Coughlan stuns in glittering black gown as she holds hands with co