The Hong Kong Information Services Department confirmed the country’s commitment to implementing the Crypto-Asset Reporting Framework (CARF). This initiative aims to bolster international tax transparency and address cross-border tax evasion.
The Government plans to begin automatic exchanges with relevant jurisdictions under CARF starting in 2028.
Legislative amendments necessary for CARF implementation are expected to be in place by 2026.
Last month’s steep increase in Singapore’s carbon tax illustrates the commitment the country has made to bringing about a carbon-neutral future. Without government intervention and regulation,
The chief executive of one of Hong Kong’s two licensed cryptocurrency exchanges has hit out at the city’s new approach to trading digital assets, saying it could restrict access to global clients.
The United States Senate will this week vote on the Anti-Money Laundering Act of 2020 as an amendment to the National Defense Appropriations Act. If this bill is passed, it will eliminate anonymous
Experts from the United Nations asked the OECD in a letter to study how its plans for a global minimum tax and a reallocation of large companies’ tax payments could impact human rights, claiming