Jersey and Hong Kong have signed an Income Tax Treaty on 15 February 2012.
The treaty will come into force after the two countries exchange ratification instruments. The provisions of the treaty will have effect from:
In the Hong Kong Special Administrative Region: in respect of Hong Kong Special Administrative Region tax, for any year of assessment beginning on or after 1 April in the calendar year next following that in which the Agreement enters into force.
In Jersey: in respect of Jersey tax, for any year of assessment beginning on or after 1 January in the calendar year next following that in which the Agreement enters into force.
In accordance with the new treaty, the following withholding taxes will apply:
Cyprus Self-Managed Alternative Investment Funds with Limited Number of Persons (AIFLNP) - Compliance Calendar Have you ever been in a situation where although you have the competency to perform a task you are unsure what the totality of the task might be? This situation can arise when numerous regulatory requirements are imposed on an organisation and further exacerbated by the almost exponential increase in the velocity of change of these requirements.
