The income tax treaty between Hong Kong and Russia entered into force on 29 July 2016. The treaty, signed 18 January 2016, is the first of its kind between the two jurisdictions. Taxes Covered The treaty covers Hong Kong profits tax, salaries tax and property tax. It covers Russian tax on profits of organizations and tax on income of individuals. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise furnishes services within a Contracting Party through employees or other engaged personnel for the same or connected project for a period or...