The Comprehensive Avoidance of Double Taxation Agreements with Cambodia and Estonia came into force on December 27 and 18, the Government announced today.

The agreements will have effect in respect of Hong Kong tax from April 1 next year, it said.

Cambodia and Estonia were Hong Kong’s 38th and 75th largest trading partners in 2018.

The agreements will bring a greater degree of certainty of tax liabilities for people engaged in cross-border business activities and help promote bilateral trade and investment activities, the Government added.