Macro ·
Hong Kong passes crypto tax reporting bill
NewsCRYPTO TAXHong Kong passes crypto tax reporting billHong Kong’s legislature passed a bill implementing the OECD’s Crypto-Asset Reporting Framework. Covered providers are due to collect data from 2027, with international exchanges of information expected from 2028. The rules expand tax reporting for covered activity as Hong Kong competes to attract regulated crypto businesses.
Read original source · Hong Kong Government
Tito G’s take
Tito G framed stronger reporting as part of Hong Kong’s effort to compete as a crypto hub. In his view, clear compliance rules help attract large institutions.