According to recent reports, Hong Kong ratified the protocol to the 2008 income tax treaty with Vietnam on 12 December 2014. The protocol, signed 13 January 2014, replaces Article 25 Exchange of Information to bring it in line with the OECD standard for information exchange. It is the first protocol to amend the treaty.
The protocol will enter into force once the ratification instruments are exchanged, and will apply in Hong Kong from 1 April of the year following its entry into force, and in Vietnam from 1 January of the year following its entry into force.
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