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Automatic Exchange of Information – Implications for Hong Kong Businesses

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Transparency, international cooperation, and accountability promise to be important themes for the global tax environment in the coming years. Among the most significant legal developments is the Standard for Automatic Exchange of Financial Accounting Information in Tax Matters which will begin to take effect in Hong Kong in 2017. This standard enables participating governments to request financial accounting and tax information of overseas tax residents and automatically transmit the data to the residents’ home jurisdictions. In this webinar, Dennis Duessler, Senior Consultant at Koehler Group’s Hong Kong office, will discuss the concept and implementation of this new standard and its likely impact on global business owners and their Hong Kong companies.
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