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Hong Kong, Indonesia tax treaty in force

2012/04/16  Xinhua

HONG KONG, April 16 (Xinhua) -- The agreement between Hong Kong and the Republic of Indonesia for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income has entered into force, a local government spokesman said Monday.

The agreement was signed in March 2010. It came into force on March 28 this year after the completion of ratification procedures on both sides.

It will have effect in Hong Kong for any year of assessment beginning on or after April 1, 2013.

Editor: Luo Yuan

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