HK, Swiss tax treaty in force

November 07, 2012

An agreement between Hong Kong and Switzerland for the avoidance of double taxation with respect to income taxes has entered into force, the Financial Services & the Treasury Bureau said today.
 
The agreement was signed in October last year, and came into force on October 15 after the completion of ratification procedures on both sides.
 
In Hong Kong, the agreement will apply to any year of assessment beginning on or after April 1 next year.