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Hong Kong inks tax pact with Guernsey
To avoid double taxation and tax evasion.
Hong Kong and Guernsey have signed an agreement on the avoidance of double taxation and the prevention of income tax evasion.
The Financial Services & the Treasury Bureau announced the comprehensive agreement today, which will come into force after ratification procedures are completed on both sides.
It is the 28th comprehensive agreement for the avoidance of double taxation concluded by Hong Kong and its trading partners.
Guernsey is a British Crown dependency in the English Channel.
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