Hong Kong SAR

On 4 September 2026, the Hong Kong Inland Revenue Department (IRD) announced the signing of a Comprehensive Double Taxation Agreement (CDTA) with Slovenia, marking Hong Kong’s 60th tax treaty. The agreement follows the OECD Model Tax Convention and incorporates the latest BEPS minimum standards, including principal purpose test (PPT) and mandatory binding arbitration provisions. It […]

On 31 August 2026, the IRD issued a formal response to the Office of The Ombudsman’s direct investigation report concerning instances where taxpayers’ electronic tax returns were not successfully received by the department. The report highlighted system latency issues during peak filing periods in April 2026, resulting in a small percentage of submissions being recorded

The Hong Kong Inland Revenue Department (IRD) has recently responded to a series of media inquiries concerning the Attached‑Benefit preferential tax scheme, providing a detailed clarification of its legal basis, implementation schedule, and overarching policy intent. The scheme is grounded in the Inland Revenue Ordinance (Cap. 115) and represents a targeted fiscal incentive that forms

On 12 August 2026, the Hong Kong Financial Services and Treasury Bureau (FSTB) formally responded to persistent media queries concerning the operational scope and compliance requirements of the Accompanying Benefits Tax (ABT) regime established under the Inland Revenue Ordinance (Cap. 112). This clarification comes amid heightened regional and international focus on tax transparency, particularly following

The Hong Kong Inland Revenue Department (IRD) has opened a public consultation on proposed tax incentives for innovation‑driven enterprises that establish financial centres in Hong Kong. The consultation seeks input on eligibility criteria, qualifying activities, the scope and magnitude of the incentives, reporting requirements and the implementation timeline. It is aimed at enterprises, professional firms,

The Hong Kong Inland Revenue Department (IRD) issued a public advisory on 22 July 2026 warning residents about a spike in fraudulent e-mail messages that impersonate senior tax officials. The deceptive e-mails claim that the recipient owes outstanding taxes and must settle the amount immediately by clicking a link to download a tax bill. The

The Hong Kong Inland Revenue Department (IRD) released its Service Undertaking Report for the fiscal year 2025-26, outlining the department’s commitments to service delivery, performance targets, and citizen engagement. The report details enhancements in tax processing efficiency, reductions in filing wait times, and the deployment of new digital services such as e‑assessment portals and mobile

During a Legislative Council session, a question was raised regarding the regulation of charitable organisations in Hong Kong, focusing on oversight mechanisms and their tax implications. The inquiry highlighted the need for stricter compliance standards, enhanced transparency, and robust audit processes to safeguard donors’ interests and ensure that charitable funds are used appropriately. Officials explained

The Financial Secretary urged the Legislative Council to resume the second reading debate of the Stamp Duty (Amendment) (No.2) Bill 2026, emphasizing the urgency of finalising the legislative package to support Hong Kong’s economic objectives. He outlined the bill’s key provisions, including adjustments to stamp duty rates on property transactions, modifications to duty thresholds, and

During a Legislative Council session, the Financial Secretary delivered a speech proposing the third reading of the Stamp Duty (Amendment) (No.2) Bill 2026, focusing on the fiscal rationale behind the proposed changes. He explained that the amendments aim to refine the existing stamp duty structure, enhance equity, and deter speculative buying in the property market.