Hong Kong passes crypto tax reporting law requiring service providers to collect transaction data starting 2027, with automatic international tax information exchanges beginning 2028.
Regulation & Gov ·
Hong Kong's Legislative Council approved the Inland Revenue Amendment Bill 2026 on November 4, bringing the OECD's Crypto-Asset Reporting Framework into local law. Crypto-asset service providers must begin gathering transaction data from 2027, while Hong Kong will start sharing tax information with foreign jurisdictions from 2028 onward. The amended Common Reporting Standard takes effect in 2028, with cross-border financial account information exchanges commencing in 2029.