8 March 2024 Mr Stephen Lo Principal Assistant Secretary for Financial Services & the Treasury (Treasury)(R2) Financial Services and the Treasury Bureau 24/F, Central Government Offices 2 Tim Mei Avenue, Tamar Hong Kong Dear Mr Lo,
Potential Tax Treaty Partners for Hong Kong
Thank you for your letter of 14 February 2024 inviting the Hong Kong General Chamber of Commerce to provide suggestions on prospective jurisdictions that Hong Kong should actively pursue Comprehensive Avoidance of Double Taxation Agreements. The Chamber firmly believes in the critical importance of expanding Hong Kong’s treaty network, as it directly and significantly affects our appeal as preferred destination for international business to carry out their operations. We hold high hopes that substantive progress can be achieved in the near term by actively engaging the jurisdictions as set out on the attached list. Additionally, we highly recommend that the Government allocate additional resources to expedite the process. We hope you will find our recommendations useful. Yours sincerely, Patrick Yeung CEO Encl.
Proposed CDTA partners to be accorded with priority
Top