France And Hongkong Sign Agreement On Avoidance Of Double Taxation

The Agence France-Presse quoted information from the French Ministry of economic affairs. French Minister of Economics Ms. Lagarde and Ceng Junhua, the financial secretary of Hongkong, will sign a bilateral tax agreement on Thursday, 21 th. The tax agreement to be signed is France. Hong Kong Regional comprehensive avoidance of double taxation agreement, for example, for the Frenchmen who invested in Hongkong, dividend The source tax payable will be reduced by 10%, and no more taxes will be paid in Hongkong and France. It is reported that the two sides have held talks on this Agreement for ten years.

People close to the French economic minister said that the signing of the agreement is good news for us and a good signal for the French economy. The source also pointed out that although the Hongkong area is a small area, bilateral trade between France and Hongkong last year amounted to 2 billion euros for France, which is expected to be 3 billion euros this year. The announcement of the French Ministry of economic affairs indicated that Hongkong agreed to abide by international standards in the field of tax information before reaching a consensus on the agreement. I am in France.