The Hong Kong government will request that the EU swiftly remove the city from a watch list after it amends the relevant tax arrangements, it said on Tuesday. Photo: Felix Wong
The Hong Kong government will request that the EU swiftly remove the city from a watch list after it amends the relevant tax arrangements, it said on Tuesday. Photo: Felix Wong

Hong Kong firms may need to review structures after government says it will amend law to help EU combat tax evasion by some offshore units in city

  • It is vital for the government to unveil the details of the proposed law changes as soon as possible to provide clarity to firms, PwC executive says
  • City moves to change law after it was added to EU’s ‘grey list’ of non-cooperative tax jurisdictions

The Hong Kong government will request that the EU swiftly remove the city from a watch list after it amends the relevant tax arrangements, it said on Tuesday. Photo: Felix Wong
The Hong Kong government will request that the EU swiftly remove the city from a watch list after it amends the relevant tax arrangements, it said on Tuesday. Photo: Felix Wong
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