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.
Taxpayers with assets in tax havens or with income from capital from national entities, subject to exemption rates, normally 28%, will only have to report this type of gains in the 2025 IRS declaration,
In a recent development that has caught the attention of Wall Street and Main Street alike, the Senate has taken significant steps on a controversial tax bill. This legislation, if passed, could dramatically
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Press release from Jersey Finance, Friday 4 October, 2024. Despite feeling that they are navigating a landscape of perpetual change and fragmentation, families and private investors can thrive –