Hong Kong: IRD issues GloBE information return schema, user guides
The Hong Kong Inland Revenue Department (IRD) has revised its guidance on the global minimum tax and Hong Kong minimum top-up tax for multinational enterprise groups, including the release of the GloBE Information Return (GIR) XML Schema and user
See MoreHong Kong gazettes Stamp Duty (Amendment) (No. 2) Bill 2026
The Hong Kong Inland Revenue Department has announced the Stamp Duty (Amendment) (No. 2) Bill 2026 on 29 May 2026, which was published in the Official Gazette the same day. The Stamp Duty (Amendment) (No. 2) Bill 2026 provides for the calculation
See More
Hong Kong: LegCo to consider crypto-asset reporting framework bill
The Hong Kong Inland Revenue Department has announced that the Legislative Council (LegCo) will meet on 3 June 2026 to consider a number of items, including proposed legislation introducing a crypto-asset reporting framework and amendments to the
See More
Hong Kong: IRD updates and expands FAQs on foreign-sourced income exemption rules
The Hong Kong Inland Revenue Department has released additional and updated FAQs on the Foreign-Source Income Exemption (FSIE) regime. The FSIE regime, effective from 1 January 2023, provides tax exemptions for specified foreign-sourced passive
See More
Hong Kong: IRD introduces legislation to implement crypto-asset reporting framework, revised CRSÂ
The Hong Kong Inland Revenue Department has announced on 20 May 2026 that the Inland Revenue (Amendment) (Crypto-Asset Reporting Framework and Amended Common Reporting Standard) Bill 2026, which aims to implement the Crypto-Asset Reporting Framework
See MoreHong Kong proposes expanded IP tax deductions to strengthen regional trading hub role
Hong Kong’s government has proposed legislative changes to broaden tax deductions for the acquisition and use of intellectual property, supporting its goal of positioning Hong Kong as a regional IP trading hub. The proposals were presented to the
See MoreHong Kong: Government approves Stamp Duty (Amendment) Bill 2026
The Hong Kong Inland Revenue Department announced that the government has welcomed the approval of the Stamp Duty (Amendment) Bill 2026 by the Legislative Council on 20 May 2026. The Stamp Duty (Amendment) Bill 2026 has provisions to increase the
See MoreHong Kong: Legislative Council to consider Stamp Duty (Amendment) Bill 2026
Hong Kong’s Legislative Council (LegCo) announced on 18 May 2026 that it set to reconvene on 20 May 2026 to continue deliberations on key legislative and policy matters, including the resumed Second Reading debate on the Stamp Duty (Amendment)
See MoreHong Kong: IRD updates GloBE return exchange framework
The Hong Kong Inland Revenue Department 9IRD) has updated its guidance on the Global minimum tax and Hong Kong minimum top-up tax for multinational enterprise (MNE) groups by adding a new section on the exchange of GloBE Information Returns. The
See MoreHong Kong: IRD issues reminder for taxpayers, employers on tax information obligations
The Hong Kong Inland Revenue Department released a notice on 14 May 2026 reminding taxpayers and employers of their obligations to provide required tax-related information. Information to be furnished by taxpayers Taxpayers are reminded of
See MoreHong Kong approves major tax concessions, higher allowances under Inland Revenue Amendment Bill 2026
The Hong Kong Legislative Council approved the Inland Revenue Amendment Bill 2026 on 13 May, introducing substantial tax concessions outlined in the 2025 Policy Address and 2026-27 Budget. Beginning with the 2026-27 assessment year, the
See MoreHong Kong: IRD urges timely filing of 2025/26 individual tax returns
The Inland Revenue Department (IRD) has reminded Hong Kong taxpayers that individual tax returns for the 2025/26 assessment year must be submitted promptly following their issue on 4 May 2026. Most individual taxpayers have until 4 June 2026 to
See MoreHong Kong joins multilateral competent authority agreement on the exchange of GloBE information (GIR MCAA)Â
Hong Kong joined the Multilateral Competent Authority Agreement on the Exchange of GloBE Information (GIR MCAA) on 21 April 2026, according to an OECD update published on 5 May 2026. The GIR MCAA is a global multilateral agreement developed by
See MoreHong Kong: IRD revises lists of debt instruments qualifying for profits tax relief
The Hong Kong Inland Revenue Department (IRD) has released updated lists of Qualifying Debt Instruments (QDIs) eligible for profits tax concessions or exemptions as of 31 December 2025, with the latest update notably expanding coverage to include
See MoreHong Kong strengthens tax treaty network to enhance regional competitiveness, including incentives for corporate treasury centres
Hong Kong is accelerating efforts to expand its tax agreement framework following the signing of its 57th Comprehensive Avoidance of Double Taxation Agreement with Barbados in March 2026. Financial Services and Treasury Secretary Christopher Hui
See MoreHong Kong introduces e-filing of hotel accommodation tax returns
The Hong Kong Inland Revenue Department (IRD) has introduced electronic completion and filing of Hotel Accommodation Tax returns, effective 1 April 2026. In addition to the existing paper returns, starting from 1 April 2026, hotels may choose to
See MoreHong Kong adjusts tax reserve certificate interest rates
Hong Kong’s Inland Revenue Department announced on 2 April 2026 that starting from 8 April 2026, the new annual rate of interest payable on Tax Reserve Certificates will be 0.1500% against the current rate of 0.2417%, i.e. the new rate will be HKD
See MoreHong Kong introduces upgraded e-filing for profits tax, implements electronic block extension scheme
The Hong Kong Inland Revenue Department announced the new versions and enhanced features of the electronic filing (e-filing) of profits tax return services and the full adoption of the Electronic Block Extension Scheme on 1 April 2026. In
See More