• Hong Kong - Switzerland
    Provisions of Tax Treaty Come Into Effect

    04-01-2013

    The provisions of the tax treaty between Hong Kong and Switzerland came into effect on 1 January 2013 in Switzerland. In Hong Kong, the provisions will come into effect on 1 April 2013.

    The treaty was signed on 4 October 2011 and came into force on 15 October 2012.

    As per the treaty the following withholding taxes will apply:

    • Dividends:
      • 0% if the beneficial owner of the dividends is a company (other than a partnership) which holds directly at least 10% of the capital of the company paying the dividends or a pension fund or pension scheme.
      • 10% in all other cases.

      • Interest: 0% withholding tax on interest.

      • Royalties: 3% withholding tax on royalties.
      Back to News
      Related Topics:

EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.

Read more
Follow Us
Specialist writers View All
Copyright © 2012 - 2019 Offtax Ltd. All rights reserved. Compare Countries News & Articles About Join Us Directory Contact Us