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Tax Treaty between Hong Kong and Russia Signed

|Treaty Development|Hong Kong-Russia
Hong Kong-Russia

On 18 January 2016, officials from Hong Kong and Russia signed an income tax treaty. The treaty is the first of its kind between the two jurisdictions.

Taxes Covered

The treaty covers Hong Kong profits tax, salaries tax and property tax. It covers Russian tax on profits of organizations and tax on income of individuals.

Service PE

The treaty includes the provision that a permanent establi…

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