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Hong Kong Enacts Global Minimum Tax Ordinance and Updates Guidance Including Rules on Mandatory Electronic Filing

|Approved Changes|Hong Kong
Hong Kong

The Inland Revenue Department published updated guidelines on the Global minimum tax and Hong Kong minimum top-up tax for multinational enterprise groups, dated 6 June 2025. The update follows the enactment of the Inland Revenue (Amendment) (Minimum Tax for Multinational Enterprise Groups) Ordinance 2025 on 6 June 2025, which provides for the introduction of a 15% global minimum tax in line wi…

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