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Latvia Ratifies Tax Treaties with Cyprus and Hong Kong

21 October 2016

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Treaty Development

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Latvia-Cyprus-Hong Kong

On 18 October 2016, the laws ratifying the pending income tax treaties with Cyprus and Hong Kong were published in Latvia's Official Gazette. The treaty with Cyprus was signed 24 May 2016 and will enter into force once the ratification instruments are exchanged. It will apply from 1 January of the year following its entry into force. The treaty with Hong Kong was signed on 13 April 2016 and will enter into force once the ratification instruments are exchanged. It will apply in Hong Kong from 1 April of the year following its entry into force and in Latvia from...