11-04
Hong Kong Legislative Council passes draft amendments to crypto-asset tax reporting
Implementing the OECD’s CARF
Relevant service providers must collect specified customer and transaction information starting next year
The Inland Revenue Department will automatically exchange information with partner jurisdictions from 2028
Revised CRS advancing in parallel
Effective 2028
Automatic exchanges under the new standards begin in 2029
Passing ≠ cross-border exchanges already starting next year
Collection obligations ≠ customer information being made public
$BTC
#香港 #监管落地 #Crypto assets
Hong Kong Legislative Council passes draft amendments to crypto-asset tax reporting
Implementing the OECD’s CARF
Relevant service providers must collect specified customer and transaction information starting next year
The Inland Revenue Department will automatically exchange information with partner jurisdictions from 2028
Revised CRS advancing in parallel
Effective 2028
Automatic exchanges under the new standards begin in 2029
Passing ≠ cross-border exchanges already starting next year
Collection obligations ≠ customer information being made public
$BTC
#香港 #监管落地 #Crypto assets
