News item: Hong Kong To Exchange Information With Portugal And South Africa | VCA Community
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Hong Kong To Exchange Information With Portugal And South Africa

Hong Kong To Exchange Information With Portugal And South Africa

The Inland Revenue Department of Hong Kong announced that Hong Kong has signed agreements with Portugal and South Africa for conducting automatic exchange of financial account information in tax matters (AEOI).Background: Hong Kong Support AEOIHong Kong had been indicated its support for implementing AEOI on a reciprocal basis with appropriate partners with a view to commencing the first exchanges by the end of 2018. The signing of the agreements brings the number of Hong Kong's automatic exchange partners in financial account information to 11. The other partners are Belgium, Canada, Guernsey, Italy, Japan, Korea, Mexico, the Netherlands and the UK.List Of Reportable JurisdictionsA bill was tabled at the Legislative Council on March 29 seeking to include Hong Kong's newly confirme

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