Whether

Consultation with the

- 5 -

-

Chinese is

Action

Action

necessary and

Start

Action Item

Officer

is so timing

Date

Present Position

C.

Consider means to resolve

S(GD)

Not Necessary

April

the incidence of double

DFS

1988

taxation between Hong

Kong and other countries

CIR

LO (SD)

Action not necessary as

as Hong Kong retains its quarter

territorial source concept 1988

and maintains a low tax

Completion

Target

Date

Long Fourth

Relevant Section/ Chapter of

the Basic Law

Chapter V

d. Consider arrangements for

providing Joint Liaison

Group with briefs on

budgets and other

financial matters where

education of Chinese is

desirable

0126M

DFS

May be

Necessary

regime.

taxation

given

to

However,

double

relief presently

Commonwealth

countries under Part VIII of

the IRO will need to be

reviewed.

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