Hong Kong (China) has 43 tax agreements in force as reported in its response to the Peer Review questionnaire. Five of those agreements comply with the minimum standard.
Hong Kong (China) joined the MLI in 2017 and China (People’s Republic of) deposited an instrument of approval that covered Hong Kong (China)’s agreements on 25 May 2022, listing its non-compliant agreements. The MLI entered into force on 1 September 2022.The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
A reservation to delay the entry into effect of the provisions of the MLI until internal procedures are completed for this purpose with respect to each listed agreement was made under the MLI.1Notifications on the completion of internal procedures for the entry into effect of the MLI have not yet been made with respect to any agreement.
Hong Kong (China) is implementing the minimum standard through the inclusion of the preamble statement and the PPT.2