Hong Kong to Implement Global Crypto Tax Reporting by 2028
Hong Kong has initiated a public consultation to adopt the OECD’s Crypto-Asset Reporting Framework (CARF) and an amended Common Reporting Standard (CRS). This move is aimed at starting the automatic, cross-border exchange of crypto-related tax information by 2028. Key Timeline: Legislative amendments are anticipated in 2026. Mechanism: The new framework will expand the existing CRS … Read more