While tax avoidance is lawful, crossing the line into tax evasion can lead to serious penalties.
On 16 October 2024, the Chief Executive of Hong Kong, Mr. John Lee, delivered his third Policy Address speech, with the theme ‘Reform for Enhancing Development and Building Our Future Together’.
The 3-day event in Hong Kong attracted about 500 tax officials, tax experts as well as representatives from nearly 50 countries
On 24 September 2024, Hong Kong signed a double taxation agreement with Turkey (“DTA-HK/TR”). This DTA will enter into force after completion of the ratification procedures by both jurisdictions.
