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Hong Kong Deferring Implementation of Pillar 2 Global Minimum Tax

|Proposed Changes|Hong Kong
Hong Kong

Hong Kong's Secretary for Financial Services and the Treasury Bureau (FSTB) has published a letter dated 15 August 2022 to stakeholders regarding the progress in the work to implement the Pillar 2 global minimum tax and other relevant requirements in accordance with the international consensus on the OECD's two-pillar solution. When the 2022-23 Budget was delivered earlier in the year, it was announced that the Hong Kong government was planning to submit a legislative proposal in the second …

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