HOME SITEMAP CONTACT
GET FREE E-MAIL ALERTS  
 
CTIM Malaysian Tax Portal. All about Tax in Malaysia. Free Updates of Malaysia Tax Developments.
Thursday, 24 April 2014, 10:00 MST
 
 
HEADLINES TODAY
 
HEADLINES THIS WEEK
 
COMPLETE NEWS LIST
 
CTIM WEBSITE
 
MKMS WEBSITE
 
NEWS
LEGISLATION
JUDGMENTS
REGULATORY
EVENTS
BOOKS & ARTICLES
STUDENTS
INDUSTRY UPDATES
NEWS
Malaysia and Hong Kong sign DTAA
PUTRAJAYA, April 25 (Bernama) -- Malaysia and Hong Kong Special Administrative Region (SAR) of the People's Republic of China today signed the Agreement on the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income (DTAA Malaysia-Hong Kong).

Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah signed for the Malaysian government and Hong Kong Financial Secretary John C. Tsang for SAR.

Prime Minister Datuk Seri Najib Tun Razak, who is also Finance Minister, witnessed the signing.

The Finance Ministry said this was the 74th DTAA concluded by Malaysia with its trading partners, including two restricted agreements with the US and and Argentina.

"The objective is mainly to avoid double taxation by allocating the taxing rights between the two places, grant reduction in withholding taxes on a reciprocal basis and provide tax certainties in connection with cross-border activities," it said in a statement.

Today's agreement will also allow Malaysia and Hong Kong tax authorities to exchange taxpayers' information to prevent income tax avoidance and evasion.

The DTAA Malaysia-Hong Kong will come into force after both sides completed the ratification procedures.
E-mail this Story
Print this Page
Malaysia and Hong Kong sign tax pact
Deal on double taxation signed
Source : Bernama, The Star, New Straits Times
Date of  Publication : Wednesday, 25 April 2012
Original Title : Najib Witnesses Malaysia-Hong Kong DTAA Signing Ceremony
The Publishers of the Malaysian Tax portal acknowledge the permission granted by the relevant official/original source for the reproduction of the above/attached materials. You shall not reproduce the above/attached materials in whole or in part without the prior written consent of the Publishers and the original/official source. Neither the Publishers nor the official/original source will be liable for any loss, injury, claim, liability, or damage caused directly, indirectly or incidentally to errors in or omissions from the above/attached materials. The Publishers and the official/original source also disclaim and exclude all liabilities in respect of anything done or omitted to be done in reliance upon the whole or any part of the above/attached materials. The access to, and the use of, the Malaysian Tax portal and contents herein are subject to the Terms of Use.
 
 
 
MORE NEWS
Customs Department collected over RM33 Billion Tax in 2013
Government trains 330 Facilitators to brief Public on GST
IRB introduces Special Programme to monitor Deliberate Tax Defaulters
IRB E-Filing Counter Services Open on Weekends this Month
Customs Department to intensify GST Information Drive
Operating Hours at Jalan Duta Payment Counter for Peninsular Malaysia Year 2014
Self-Declaration Mechanism takes Effect on 2 May, says MIDA
Government urges Companies and SMEs to utilise GST Training Grant
Claiming Relief for Care Services
GST Bill Outcome follows Heated Debate over Potential Pricing Effects
 
© Chartered Tax Institute of Malaysia
About
Terms of Use
Disclaimer
Privacy Policy
RSS Feeds
Sitemap
Resources