Hong Kong Amending List of Participating Jurisdictions for CRS

The Hong Kong Inland Revenue Department has announced the Inland Revenue Ordinance (Amendment of Schedule 17E) Notice 2024, which will amend the list of participating jurisdictions for the exchange of financial account information under the Common Reporting Standard (CRS). The amendments include:
- The removal of Bahrain, Belize, Marshall Islands, Montserrat, Nauru, Niue, Saint Vincent and the …