29.10.2015. Hong Kong welcomes withdrawal from EU tax blacklist

Company News

Hong Kong has welcomed news that it no longer features on the European Commission’s list of non-cooperative tax jurisdictions.
Territories are placed on the list, which has been newly updated on the Commission’s website, if they feature on 10 EU member states’ tax blacklists.
In addition, Spain and Estonia has removed Hong Kong from its national list, and Hong Kong hopes that it will soon be removed from Italy’s blacklist also, as a new double taxation agreement between the two states has been ratified.