author_orbitax
Orbitax

Share This Article

Tax Treaty between Belarus and Hong Kong Signed

19 January 2017

|

Treaty Development

|

Belarus-Hong Kong

On 16 January 2017, officials from Belarus and Hong Kong signed an income and capital tax treaty. The treaty is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Belarusian tax on income, tax on profits, income tax on individuals, and tax on immovable property. It covers Hong Kong profits tax, salaries tax, and property tax. Withholding Tax Rates Dividends - 5% Interest - 5% Royalties - 3% for royalties paid for the use of, or the right to use, aircraft; otherwise 5% Capital Gains The following capital gains derived by a resident of one...