Update on CRS, automatic exchange of tax information | KPMG | GLOBAL

Hong Kong: Update on CRS, automatic exchange of tax information

Update on CRS, automatic exchange of tax information

Tax authorities in Hong Kong on 12 October 2015 released a “consolidated response” to the comments received with respect to the Common Reporting Standard (CRS) consultation paper, issued in April 2015.


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The Hong Kong tax authorities stated that the government is committed to an “automatic exchange of information” (AEOI) regime for tax matters and that there will be legislative proposals for implementing the new international standard.  


Read an October 2015 report [PDF 45 KB] prepared by the KPMG member firm in Hong Kong

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