Luxembourg and the Hong Kong Special Administrative Region of China (People's Rep.) signed a first-time income and capital tax treaty and protocol on 2 November 2007. Once in force, the Luxembourg-Hong Kong treaty will generally apply from 1 January 2008 in Luxembourg and generally from 1 April 2008 in Hong Kong (Art. 28(2) of the Treaty). The treaty was concluded in the English and French languages, both texts having equal authenticity, and broadly follows the OECD Model Convention, but with some provisions based on the UN Model Convention. The maximum rates of withholding tax are: -   10% on dividends...