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Hong Kong and New Zealand Sign Competent Authority Agreement for Exchange of Tax Information

18 July 2017

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Treaty Development

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Hong Kong-New Zealand

The Hong Kong government announced that a competent authority agreement (CAA) for the exchange of financial account information in tax matters (AEOI) from 2018 has been signed with New Zealand on 14 July 2017. With this latest agreement, Hong Kong’s network of bilateral CAAs relating to the exchange of financial account information now covers 14 jurisdictions. The other jurisdictions are: Belgium, Canada, Guernsey, Indonesia, Ireland, Italy, Japan, Korea, Mexico, the Netherlands, Portugal, South Africa and the United Kingdom. In the same announcement, the government reiterated its resolve to table legislative proposals by the end of 2017 in order to adopt...