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Hong Kong Publishes Bill to Allow Participation in Mutual Assistance Convention

|Treaty Development|Hong Kong-OECD
Hong Kong-OECD

The Hong Kong Government has announced the publication of the Inland Revenue (Amendment) (No. 5) Bill 2017 in the Official Gazette on 6 October 2017. The Bill would allow for Hong Kong to take part in the multilateral Convention on Mutual Administrative Assistance in Tax Matters and to align the Inland Revenue Ordinance with the OECD Common Report Standard (CRS) for the automatic exchange of f…

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