The income and capital tax treaty between Belarus and Hong Kong entered into force on 30 November 2017. The treaty, signed 16 January 2017, 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...