Hong Kong a step closer to entering multilateral tax transparency network

19 October 2017 | 2 minutes read

Amendments to Hong Kong’s tax legislation were presented to the Legislative Council yesterday, paving the way for the city to enter into multilateral tax cooperation agreements. “The chief executive in Council currently does not have powers under the Inland Revenue Ordinance to give effect to multilateral agreements or arrangements for international tax cooperation,” law firm Baker McKenzie said in a…

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