News
Posters on Automatic Exchange of financial Account Information in Tax Matters
16 Dec 2016Following the passage of the legal framework of implementing the Automatic Exchange of Financial Account Information in Tax Matters (AEOI) in accordance with the Common Reporting Standard (CRS) In Hong Kong, financial institutions (FIs) are required to perform the due diligence requirements and report the relevant account information to the Inland Revenue Department (IRD) from 2017 onward.
To appeal for the public's co-operation towards the work of FIs in implementing the requirements under AEOI, the Government has prepared a TV Announcements in the Public Interests (API) and a poster to aid FIs in explaining the purpose of collecting such information to their customers. The API and posters are expected to roll out in late December / early January.
If you would like to make use of the poster as a tool in facilitating your compliance, please order with the Revenue Division, Financial Services and the Treasury Bureau directly.
Kindly fill in the reply slip by clicking at: https://hktrustees.com/upload/article/AEOI_Poster_-_Reply_Slip.pdf
More information about AEOI could be found on IRD's website: http://www.ird.gov.hk/eng/tax/dta_aeoi.htm