Tax agreements between Hong Kong, 6 Nordic jurisdictions in force

Agreements between Hong Kong and six Nordic jurisdictions (namely, Denmark, the Faroes, Iceland, Norway, Sweden and Greenland) for the exchange of information relating to tax matters have entered into force, a spokesman for the Hong Kong Special Administrative Region government said on Wednesday.

The agreements were signed in August 2014. They respectively came into force between December 2015 and February 2016, after the completion of ratification procedures in Hong Kong and the Nordic jurisdictions concerned.

The agreements shall have effect for the taxable periods beginning on or after the respective dates on which the agreements entered into force, or, where there is no taxable period, for all charges to tax arising on or after the respective dates on which the agreements entered into force.