Bundle of HK tax treaties signal end of Asian bank secrecy

24 March 2010 | 5 minutes read

Hong Kong’s Inland Revenue Department has made a series of announcements on tax treaties recently that signal the territory is climbing on board a G20 initiative to stop bank-secrecy enabling tax evasion. A G20 meeting that resulted in a communique (issued in April 2009) divided countries into white list, grey list and black list nations. Black list nations were countries…

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