Hong Kong Economic and Trade Offices
Headline: Grants Immunities to Hong Kong Economic and Trade Offices
What it does: The order extends to Hong Kong Economic and Trade Offices the privileges, exemptions, and immunities under the International Organizations Immunities Act and the State and Local Taxation Agreement.
- Gives Hong Kong economic and trade offices legal immunities and exemptions under U.S. law.
- May provide tax exemptions for their foreign employees under the cited taxation agreement.
Summary
This order extends to the Hong Kong Economic and Trade Offices the privileges, exemptions, and immunities provided by the International Organizations Immunities Act and Article I of the Agreement on State and Local Taxation of Foreign Employees of Public International Organizations.
It affects Hong Kong economic and trade offices in the United States and their employees by giving them legal protections and possible tax exemptions under those laws. The order also states it does not reduce any privileges those offices may already have from international agreements or congressional action.
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