HK, Georgia tax pact to take effect

June 8, 2021

The comprehensive avoidance of double taxation agreement with Georgia signed in October last year will come into force on July 1, the Government announced today.

 

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

 

Georgia participates in the Belt & Road initiative. The agreement will bring a greater degree of certainty on tax liabilities for those who engage in cross-border business activities, and promote bilateral trade and investment activities.

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