The double taxation agreement signed between Belgium and Hong Kong in 2003 is a good conduit for repatriating profits between Europe and Hong Kong, or for financing investments in Europe or in the Far East. With the publishing of an administrative note, the Belgian tax authorities have highlighted the strengths of the treaty, and Belgian Finance Minister Reynders is proud to present this new treaty as the â€œgatewayâ€? between Europe and the Far East.
This article explores various strategies using the current income tax treaty in force between Belgium and Hong Kong. Those strategies include creating holding company structures and other arrangements to repatriate profits between Europe and Hong Kong and to finance investments in both Europe and the Far East. (Read the article …)