Global

Details

  • Service: Tax, International Executive Services, International Tax
  • Type: Regulatory update
  • Date: 12/18/2013

Hong Kong - Exchange of information for tax purposes 

December 18: The Global Forum, at its meeting in Jakarta in November 2013, announced findings of its review of Hong Kong’s compliance with the international standard on exchange of information for tax purposes

In a positive development for Hong Kong, the review concluded that Hong Kong was largely compliant in its implementation of the international standards of transparency and exchange of information for tax purposes. However, the Global Forum has made a number of recommendations designed to further strengthen Hong Kong’s overall compliance with the exchange of information procedures.


Read a December 2013 report [PDF 816 KB] prepared by the KPMG member firm in Hong Kong: Hong Kong receives Global Forum report on Transparency and Exchange of Information for Tax Purposes Phase 2 Peer Review




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