HONG KONG: Hong Kong, Turkey agree on double taxation avoidance in boost for Belt and Road Initiative

Hong Kong has signed an agreement with Turkey to overcome double taxation issues in cross-border trade and investment, a move that also helped widen the city’s cooperation with more jurisdictions under Beijing’s Belt and Road Initiative.

The initiative, introduced by President Xi Jinping 11 years ago to rebuild the ancient Silk Road in 140 countries, involves building roads, ports, railways and power plants to promote trade flow, backed by funding from China’s state-run development bank.

“This milestone is another tangible illustration of Hong Kong’s determination to expand tax trading equity,” Chief Executive John Lee Ka-chiu said on Tuesday. It highlights “our commitment to boosting ties and relations with developing local economies,” he added.

7 February 2025

CAREY OLSEN: Carey Olsen named Guernsey Law Firm of the Year at Lexology Index Awards

Press Release from Carey Olsen, Thursday 6 February, 2025. Carey Olsen has been named Guernsey Law Firm of the Year at the 2024 Lexology Index Awards – formerly known as the Who’s Who Legal

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11 October 2024

GREECE: Greek Tax Authorities Say Over 215,000 Tax Evasion Complaints Recorded

The appodixi digital platform produced 28,910 complaints, of which 3,879 are anonymous, and 25,031 are eponymous An online digital platform launched by the Greek tax authorities called “appodixi”

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22 April 2024

AFRICA: Kenya moves to regulate cryptocurrencies, digital assets

The government has moved to regulate the operations of cryptocurrencies in the country as it seeks to protect their users following the establishment of a multiagency technical working group. The multi-agency

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15 March 2024

EU: European Commission to propose transferring €27 billion of profits from frozen Russian assets to Ukraine

EU leaders intend to take an important step towards confiscating €27 billion in profits from Russia’s sovereign assets frozen in Europe to provide military aid to Ukraine. The Guardian’s

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