 |
|
|
 |
|
| |
|
| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
| Offshore Trusts
Guide: OTG publishes news, features and newsletters on the use of
offshore trust structures. |
| TreatyPro: Online
tax treaty resource. |
|
|
| Hong Kong Invites Submissions On FTA With EFTA |
by Mary Swire, Tax-News.com, Hong Kong
Tuesday, December 29, 2009
Hong Kong’s government has issued an invitation to all interested parties
to make submissions on the areas that a free trade agreement (FTA) between Hong Kong
and the European Free Trade Association (EFTA) should cover.
The SAR government confirmed that the two sides have agreed
to start negotiations on an FTA in early 2010. It should provide Hong Kong’s
business sector with better market opportunities in the four EFTA member states
– Iceland, Liechtenstein, Norway and Switzerland – and vice versa, thereby, bringing
multiple benefits in terms of trade, income and employment.
Hong Kong and these four states are primarily service-oriented economies.
Switzerland was only Hong Kong's 12th largest trading partner in 2007 in terms
of trade in services, with such trade totalling HKD10.7bn (USD1.4bn), while
Norway ranked 28th, with trade amounting to just over HKD920m.
However, two-way merchandise trade between Hong Kong and the EFTA has enjoyed remarkable
growth for years, with average annual growth of 15.6% from 2004 to 2008. Total
merchandise trade between Hong Kong and the EFTA amounted to about HKD72bn in
2008, making the EFTA, as a whole, Hong Kong's 11th largest trading partner
in that year.
The FTA negotiations are expected to cover a number of topics, with emphasis on trade and investment liberalization and facilitation.
The final date for submissions is February 12, 2010.
A comprehensive report in our Intelligence Report series
tracing in detail the course of the last six years both globally and at jurisdiction
level, explaining precisely what you get - and don't get - for your money in
all of the main offshore jurisdictions, is available in the Lowtax Library at
http://www.lowtaxlibrary.com/asp/subs_reports.asp
and a description of the report can be seen at
http://www.lowtaxlibrary.com/asp/description_report1.asp
|
|
|
|
| THE LOWTAX LIBRARY
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL NEWS SUBSCRIPTION
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
|
|
 |
|
LAWANDTAX-NEWS.COM
