20 March 2017
On 16 March 2017, Hong Kong signed competent authority agreements for the automatic exchange of financial account information with Belgium, Canada, Guernsey, the Netherlands, Italy and Mexico. Under the agreements, Hong Kong and the respective countries will automatically exchange information on accounts held by tax residents of the other country based on the OECD Common Reporting Standard (CRS). The automatic exchange is to begin in 2018.
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