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Hong Kong launches consultation on Pillar Two measures

|Tax Alerts, Information Reporting, Legis ...|Hong Kong
Hong Kong

  • A consultation was launched on the implementation of global minimum tax and minimum top-up tax in Hong Kong starting from 1 January 2025.
  • The rules are designed to align with the Organisation for Economic Co-operation and Development (OECD) Base Erosion and Profit Shifting Pillar Two Global Anti-Base Erosion (GloBE) model rules.
  • The government will strive to maintain Hong Kong's tax competitiveness …

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