Japan and Hong Kong recently signed a tax treaty (Double Taxation Agreement, or DTA), covering double-taxation policy, information exchange agreements, and various other tax related items. Both jurisdictions had agreed on most terms of the agreement in early 2010, with the finalized version of the agreement signed on November 9, 2010.
Key Areas Covered
- Dividends, interest, international traffic, royalties
- Income tax
- Capital gains
- TK distributions
- Associated enterprises
- Information exchange
Full details on the Double Taxation Agreement are available here ( Hong Kong’s IRD website).