In a historical agreement signed on 1 July 2021, 130 nations endorsed a declaration outlining a framework for reforming international tax regulations. Hong Kong, as an international financial and commercial centre, announced to implement BEPS 2.0 (Base Erosion and Profit Shifting), which consists of two pillars. BEPS 2.0 primarily targets major MNEs (multinational enterprises) that fulfil the defined standards but will have no impact on Hong Kong's small and medium-sized firm

Hong Kong Added to the EU List of Non‑Cooperative Countries and Territories for Tax Purposes With effect from 5th October 2021 , Hong Kong has been added to the EU list of non‑cooperative countries and territories for tax purposes . EU Tax Watch List and Hong Kong’s Status Since October 2021 Hong Kong has been on the EU watch list for tax purposes since 5th October 2021 . The list is designed to combat tax fraud, tax evasion, tax avoidance, and money laundering . By doing so,

Mit Wirkung vom 5. Oktober 2021 wurde Hongkong auf die EU-Liste nicht kooperativer Länder und Gebiete für Steuerzwecke gesetzt.

Hong Kong adopts a territorial principle of offshore taxation: only profits that are Hong Kong‑sourced are taxable, and profits derived elsewhere can be exempted.

The recent dilemma of the Inland Revenue Services’ attempt to tax both the Duchess of Cambridge and their royal baby highlights how even royals cannot escape the need for good tax planning.

稅務部最近試圖向劍橋公爵夫人及皇室小成員徵稅，結果進退兩難，突顯人人都需要做好稅務計劃，即連皇室成員也不例外。 在Commissioner of Inland Revenue V. Li & Fung (Trading) Ltd [2011] HKCFI 261案（HCIA...