HONG KONG: Croatia, Hong Kong agree to avoid double taxation

Croatia and Hong Kong signed an agreement to avoid double taxation of income and property, and prevent tax evasion in a bid to boost bilateral trade of goods and services, the Croatian finance ministry said.

The deal was signed during a visit by Croatian finance minister Marko Primorac to Hong Kong, the finance ministry said in a press release on Friday.

Croatia’s exports of goods to Hong Kong rose 44% on the year to 12.50 million euro ($13.5 million) in the first 10 months of 2023, the Croatian statistical office said earlier this month. Croatia imported 2.2 million euro worth of goods from Hong Kong in the review period, down from 4.6 million euro in the same period of 2022.

2 February 2024

Carey Olsen amongst finalists for offshore law firm of the year at The Asia Legal Awards

Press Release from: Carey Olsen, Friday 2 February, 2024.  Carey Olsen has been shortlisted for Offshore Law Firm of the Year at The Asia Legal Awards 2024, hosted by Law.com International. Now in

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16 May 2024

SWITZERLAND: Switzerland Cracks Down on Crypto Tax Evasion with Upcoming AEOI Expansion

The Swiss Federal Council’s proposal to include crypto assets in the Automatic Exchange of Information (AEOI) system shows the country’s commitment to crypto tax compliance and transparency. The

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19 April 2024

ASIA: Singapore faces competition from Thailand and Malaysia as regional hub for multinationals

While Singapore still holds advantages in location, language proficiency, and financial services, rising costs are prompting Japanese and European companies to consider relocating specific functions,

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19 January 2024

US: IRS Delays Requirement to Report Certain Transactions Involving Digital Assets

Businesses do not have to report certain transactions involving digital assets until the Treasury Department and the Internal Revenue Service (IRS) issue regulations. The agencies said this in a Tuesday

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