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.

26 June 2025

CLIMATE FINANCE: Bank unveils green loans plan to unlock trillions for climate finance

An innovative plan to use public money to back renewable energy loans in the developing world could liberate cash from the private sector for urgently needed climate finance. Avinash Persaud, a special

Read More
16 February 2024

EUROPE: Shareholder activism on ESG lagging in Europe despite global increase

Almost 1,000 large businesses saw shareholders filing resolutions on ESG issues in 2023, a slight year-on-year increase globally. But European shareholders bucked this trend, exhibiting short-term thinking

Read More
18 October 2024

EUROPE: Italian Government Raises Crypto Tax Amid EU Regulatory Changes

Italy plans to raise its capital gains tax on bitcoin to 42% amid growing adoption and as the EU prepares to implement its unified cryptocurrency regulations. Italy is set to increase its capital gains

Read More
22 February 2024

EU: Oxfam calls EU’s revised tax haven blacklist ‘a joke’

The EU announced Tuesday its revised tax haven blacklist, which removed Anguilla, Dominica and Seychelles, but the NGO Oxfam immediately called it “a joke” given the Pandora Papers revelations.

Read More