Guernsey has signed a Double Taxation Arrangement (DTA)
with Hong Kong.
It means that Guernsey has now signed 'full' DTAs with
seven jurisdictions. In addition to this DTA with Hong Kong,
Guernsey has had a DTA with the UK for many years and has signed
DTAs with Malta, in 2012, and earlier this year with the Isle of
Man, Jersey, Qatar and Singapore.
The DTA with Hong Kong was signed for Guernsey by the Chief
Minister, Peter Harwood, who commented that this was a further
important step in growing the business links between Guernsey and
the Far East.
The Chief Minister said: "I am delighted to further
strengthen our relationship with Hong Kong. The signing of this
DTA, combined with the visit of the Chinese Ambassador to the UK to
Guernsey this week, recognises the importance attached to
Guernsey's business relationship with the Far East. The
agreement is expected to bring significant commercial benefits to
our finance sector, resolving issues relating to