Hong Kong passes its Peer Review inspection by the Global Forum
Hong Kong passes its Peer Review inspection by th...
Tax alert - Issue 19, November 2011
On 26 October 2011, the Global Forum of the Organisation for Economic Co-operation and Development (OECD) issued a Peer Review report on Hong Kong's ability to comply with exchange of tax information. The report assessed Hong Kong's legal and regulatory framework for accessing and exchanging information with foreign tax authorities. Although the report concluded that Hong Kong has the necessary framework in place, it outlines some recommendations with respect to how the framework could be improved.