Webinar on Automatic Exchange of Financial Account Information (AEOI)

Exchange of information for tax purposes is an important way to enhance tax transparency and combat cross-border tax evasion. In July 2014, the Organisation for Economic Cooperation and Development (OECD) released "The Standard for Automatic Exchange of Financial Account Information in Tax Matters" (AEOI). To implement AEOI in Hong Kong, the Inland Revenue (Amendment) Bill 2016 was gazetted on 8 January 2016.​

Under the AEOI standard, a reporting financial institution (RFI) is require​d to collect the information of the reportable accounts and furnish such information to the Inland Revenue Department (IRD). The Department will exchange the information with the tax authorities of the AEOI partner jurisdictions on an annual basis.

​​In this webinar, our speaker will discuss:

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