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CRS/AEOI: Hong Kong responds to consultation
CRS/AEOI: Hong Kong responds to consultation
Hong Kong Tax Alert - Issue 10, October 2015 The Hong Kong government has announced that, subsequent to a public consultation process between April and June this year, it will amend legislative proposals for implementing the new international standard on Automatic Exchange of Financial Account Information in Tax Matters (AEOI). This is contained in a consolidated response to the above process published on 12 October 2015, which also adds that stakeholders who participated in the exercise supported the fundamental direction to align Hong Kong with the global standard for AEOI.
