You are here

Hong Kong signs tax accord with US

Thursday, November 13, 2014 - 19:18

ALhk1311.jpg
The Hong Kong government signed an agreement with the United States on Thursday that will compel financial institutions in Hong Kong to report information on accounts held by US citizens, residents and entitites to the US tax authorities.

[HONG KONG] The Hong Kong government signed an agreement with the United States on Thursday that will compel financial institutions in Hong Kong to report information on accounts held by US citizens, residents and entitites to the US tax authorities.

The agreement forms part of a broader global push by governments to pursue taxes of individuals that reside overseas.

REUTERS

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom