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Tax Treaty between Hong Kong and Latvia Signed

|Treaty Development|Hong Kong-Latvia
Hong Kong-Latvia

On 13 April 2016, officials from Hong Kong and Latvia signed an income tax treaty. The treaty is the first of its kind between the two jurisdictions.

Taxes Covered

The treaty covers Hong Kong profits tax, salaries tax and property tax. It covers Latvian enterprise income tax and personal income tax.

Residence

If a company is considered resident in both Contracting Parties, the competent a…

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