TNAG-1653-FCO40-2301-Proposed-extension-of-double-taxation-conventions-to-Hong-Ko-1987 — Page 24

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Italian Embassy

14, Three Flings Yard, London, H.1.

The Italian Embassy presents its

compliments

to the Foreign and Commonwealth Office and has the honour to propose the extension to Hong Kong of the Double Taxation

bilateral

Convention, signed in London on the 4th July, 1960. The extension of

1960. The extension of the aforesaid Convention would avoid double taxation to British

companies operating air and maritime

Kong and Italy.

and Italian

links

between Hong

Considering the length of time necessary to

negotiate a new agreement for the replacement of the

the revision of which was agreed during

1960 Convention

the bilateral Summit

the Italian Government would

for the extension of

suggest to keep the negotiations

the Convention independent from the ones connected with

its amendment.

The Italian Embassy avails itself of this opportuni- ty to renew to the Foreign and Commonwealth Office

assurances of its highest consideration

AMIS

the

London,

25th February, 1987