OECD calls for Greater Tax Cooperation

OECD calls for Greater Tax Cooperation On the 30th of June 2011, the Secretary General of the OECD, Mr Angel Gurria, gave a speech to the OECD and G-20 countries calling for greater international co-ordination on tax issues, as these countries are re-designing their tax systems, mainly due to their deficits in public finances. Some […]

Mainland China Circular 698 and recent cases

Mainland China Circular 698 and recent cases An overview Guoshuihan [2009] No. 698 (“Circular 698”) was issued on the 10th of December 2009 and is still subject to considerable controversy, mainly because of its lack of clarity regarding non-residents of Mainland China. Some guidelines on the application of Circular 698 can be derived from Guo […]

Hong Kong Tax Treaties

Hong Kong Tax Treaties An Overview As of the 22nd of July 2011, Hong Kong has concluded 21 double taxation treaties/arrangements (Austria, Belgium, Brunei, Mainland China, France, Hungary, Indonesia, Ireland, Japan, Kuwait, Lichtenstein, Luxembourg, The Netherlands, New Zealand, Portugal, Switzerland, Spain, Thailand, Vietnam, United Kingdom and Czech Republic). Of these, at least four will enter […]