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Hong Kong Provides Deadline Extension for Tax Payments and Returns and CbC Notifications for COVID-19

The Hong Kong Inland Revenue Department has issued press releases announcing deadline extensions for tax payments and returns and for CbC report notifications in view of the COVID-19 situation.

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Inland Revenue Department extends tax deadlines

The Inland Revenue Department announced today (April 4) that in view of the latest situation of COVID-19, deadlines for tax payments and lodgement of objections and holdover applications as well as submission of tax returns and information that fall between March 23 and May 2 are automatically extended to May 4.

The department encourages the public to use its electronic services to handle their tax affairs as much as possible or send their documents to the department by post. A list of the department's electronic services can be found in its website at www.ird.gov.hk/eng/ese/index.htm.

The department will review the situation and make further announcements as necessary.

Country-by-Country Reporting - Notification Deadline

Under section 58H of the Inland Revenue Ordinance (Cap. 112), a Hong Kong entity of a reportable group is required to file a notification in relation to country-by-country ("CbC") reporting for an accounting period. The notification must be filed within 3 months after the end of the relevant accounting period ("notification deadline").

In view of the latest situation of COVID-19, the Department would accept the Hong Kong entity and its service provider as having complied with the notification deadline for the relevant accounting period ended between 31 December 2019 and 29 February 2020, provided that the notification is received via the CbC Reporting Portal on or before 1 June 2020.

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