More than 1,700 financial firms in Hong Kong share customer information with authorities in global tax evasion initiative

  • Sep 14, 2018

City will send information annually to local tax authorities in 50 jurisdictions with which it has agreements, with first exchange set for this month

More than 1,700 financial institutions in Hong Kong have submitted to local authorities the account details of customers who are tax residents of 75 jurisdictions around the world, as the city prepares to exchange information with other governments to crack down on tax evasion.



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