Hong Kong, Hungary sign double taxation pact (photo)

The Special Representative for Hong Kong Economic and Trade Affairs to the European Union, Miss Mary Chow (third left), and the Hungarian Minister of Finance, Dr Peter Oszko, signed on May 12 (Hungary time) an agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income. This is the ninth comprehensive agreement for the avoidance of double taxation concluded by Hong Kong.