Hong Kong joins multilateral competent authority agreement on the exchange of GloBE information (GIR MCAA)
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
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Hong 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
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Hong 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 MoreHong Kong: IRD releases 2025–26 tax returns for profits, property
The Hong Kong Inland Revenue Department (IRD) has announced the issuance of profits tax, property tax, and employers’ returns for the 2025–26 tax year on 1 April 2026. IRD has issued about 270, 000 profits tax returns, 120, 000 property tax
See MoreHong Kong: IRD gazettes Automatic Exchange of Information Amendment Bill 2026
The Hong Kong Inland Revenue Department (IRD) has announced on 25 March 2026 that the Inland Revenue (Amendment) (Automatic Exchange of Information) Bill 2026 has been published in the Gazette on 27 March 2026, with its first reading in the
See MoreHong Kong announces second tax instalment notice for 2024-25 assessment year
The Hong Kong Inland Revenue Department (IRD) has issued a notice regarding the second instalments of tax for the 2024-25 year of assessment, which are generally payable in April. IRD urges taxpayers to note the due dates as stated on their demand
See MoreHong Kong: IRD issues advance ruling on ship lessor qualification for preferential tax treatment
The Hong Kong Inland Revenue Department (IRD) published an advance ruling on 12 November 2025 on whether a Hong Kong ship leasing company qualifies for the concessionary tax regime for “qualifying ship lessors” under the Inland Revenue
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Hong Kong: IRD mandates e-filing for 2025/26 Block Extension Scheme, sets extended profits tax deadlines and tighter compliance rules
The Hong Kong Inland Revenue Department (IRD) has issued a Circular Letter to Tax Representatives regarding the Block Extension Scheme for filing 2025/26 tax returns on 19 March 2026. The letter confirms that, as in previous years, the scheme will
See MoreHong Kong, Barbados sign income tax treaty
Hong Kong’s government has announced that representatives from Barbados and Hong Kong signed a comprehensive income tax treaty on 19 March 2026, marking a step forward in strengthening bilateral economic ties. The agreement provides clarity on
See MoreHong Kong temporarily suspends profits tax return filings to accommodate system upgrade
The Hong Kong Inland Revenue Department (IRD) announced, on 18 March 2026, a temporary suspension of its electronic profits tax return filing service in preparation for the rollout of a new version on 1 April 2026. To facilitate system update,
See MoreHong Kong schedules readings of 2026 inland revenue amendment bill, Stamp Duty Amendment Bill
The Hong Kong Inland Revenue Department has introduced the Inland Revenue (Amendment) (Tax Concessions, Concessionary Deductions and Allowances) Bill 2026 for their first and second readings in the Legislative Council today, 18 March 2026. The
See MoreHong Kong, Laos to negotiate income tax treaty
Hong Kong's Financial Services Secretary Christopher Hui met with Laos Finance Minister Santiphab Phomvihane on 11 March 2026 to finalise a double taxation treaty, according to a press release. The first round of discussions will commence on 23
See MoreHong Kong plans major expansion of unified fund exemption, family office tax concessions
The Hong Kong SAR (HKSAR) government has unveiled proposals in an administrative paper to strengthen preferential tax regimes for funds, family office investment vehicles, and carried interest, following a consultation process in 2024–25. This
See MoreHong Kong clarifies tax treatment of equity sale gains
The Hong Kong Inland Revenue Department (IRD) has released an advance ruling, dated 28 November 2025, addressing whether a company’s gain from the sale of a long-held equity interest can be treated as a non-taxable capital gain. The ruling
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Hong Kong to Gazette Inland Revenue Amendment Bill 2026
The Hong Kong Government will gazette the Inland Revenue (Amendment) (Tax Concessions, Concessionary Deductions and Allowances) Bill 2026 on 6 March, introducing concessionary tax measures announced in the 2025 Policy Address and the 2026-27
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