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Hong Kong Commits to Implementing Crypto-Asset Reporting Framework

18 December 2024

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Approved Changes

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Hong Kong

The Hong Kong Inland Revenue Department has announced that the Government has informed the Global Forum on Transparency and Exchange of Information for Tax Purposes of its commitment to implement the Crypto-Asset Reporting Framework (CARF), with the first automatic exchanges of information to commence in 2028. --- Hong Kong commits to implementing Crypto-Asset Reporting Framework The Government informed the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) of the Organisation for Economic Co-operation and Development (OECD) today (December 13) of Hong Kong's commitment to implementing the Crypto-Asset Reporting Framework (CARF) for enhancing international tax transparency...