Double taxation pact in force

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Double taxation pact in force

The second protocol of Hong Kong’s agreement with New Zealand for the avoidance of double taxation entered into force on August 9.

 

The protocol, signed in June last year, amends the agreement to pave the way for implementing automatic exchange of financial account information in tax matters with New Zealand.

 

It came into force after the completion of ratification procedures on both sides and will have effect in respect of Hong Kong tax from April 1 next year.

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