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Protocol to the Tax Arrangement between China and Hong Kong has Entered into Force

|Treaty Development|China-Hong Kong
China-Hong Kong

On 29 December 2015, the protocol to the 2006 income tax arrangement between China and Hong Kong entered into force. The protocol, signed 1 April 2015, is the third to amend the arrangement. The protocol:

  • Replaces paragraph 1 of Article 8 (Shipping, Air and Land Transport), clarifying that the tax exemption for income from operation of ships, aircraft or land transport also includes exemption …

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