Details of the income tax treaty and protocol between Hong Kong and Kuwait, signed on 14 May 2010, have become available. The treaty was concluded in the Chinese, Arabic and English languages, each text having equal authenticity. In the case of divergence, however, the English text prevails. The treaty generally follows the OECD Model Convention. The maximum rates of withholding tax are: -   5% on dividends in general; 0% applies if the beneficial owner is the government or any of its institutions or wholly-owned entities; -   5% on interest in general; an exemption applies on interest payments to...