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The Secretary for Transport and Housing, Ms Eva Cheng, today (November 19) signed in Hong Kong on behalf of the Government of the Hong Kong Special Administrative Region an Avoidance of Double Taxation Agreement on Income from Aircraft Operation with the Government of the Republic of Finland.
Representing the Government of the Republic of Finland at the signing ceremony was Mr Timo Rajakangas, Consul-General of Finland in Hong Kong.
The agreement covers income derived from the operation of aircraft in international traffic. Hong Kong and Finnish airlines will be relieved of the burden of double taxation.
Hong Kong has similar double taxation relief arrangements for air services income with major aviation partners, including Bangladesh, Belgium, Canada, Croatia, Denmark, Estonia, Ethiopia, Germany, Iceland, Israel, Jordan, Kenya, Kuwait, Mauritius, Mexico, the Netherlands, New Zealand, Norway, Russia, the Republic of Korea, Sweden, Switzerland, the United Kingdom, the Mainland and Macau.
Ends/Monday, November 19, 2007
Issued at HKT 15:46
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